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Tag: Dollar

Breaking News

CBN Removes Restriction On Domiciliary Accounts, Enables $10,000 Withdrawal Limit Daily

The Central Bank of Nigeria (CBN) after deliberations held in the Banker’s Committee meeting on Friday June 16, 2023, announced the elimination of ...
By Rachael AiykeJune 19, 20230
Crude Oil Buyers Should Pay Nigeria In Naira, Not Dollar – Falana
Business & Economy

Crude oil buyers should pay Nigeria in naira, not dollar – Falana

Human rights lawyer, Femi Falana, SAN, has condemned what he described as the dollarisation of the Nigerian economy, adding that the country has ...
By Uchechi OjoMay 8, 20230
BREAKING: Naira falls to N700/$1 at black market
Business & Economy

BREAKING: Naira falls to N700/$1 at black market

The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks ...
By Uchechi OjoJuly 27, 20220
Naira falls to N522/$1 after CBN forex ban on BDCs
Business & Economy

Naira falls to N522/$1 after CBN forex ban on BDCs

The naira has lost N17 to close at N522/$1 at the parallel market, a day after the Central Bank of Nigeria (CBN) stopped ...
By Uchechi OjoJuly 29, 20210
Naira gains, exchanges for N457/$
Business & Economy

Naira gains, exchanges for N457/$

The naira gained slightly, as it exchanged to the dollar at N457/$ at the parallel market on Tuesday, October 6 2020. It had ...
By Editor-in-ChiefOctober 7, 20200
Opinion

How land flowing with Milk and Honey became shallow

The fall of the Naira did not just happen overnight. The Naira was stronger when we had: 1. Peugeot Automobile Nigeria 2. Volkswagen ...
By Editor-in-ChiefAugust 7, 20200
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