exchange rate

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  1. queeny

    We didn't devalue Naira, CBN debunks news

    An official statement by the Ag. Director, Corporate Communications of The CBN, Isa AbdulMumin has debunked the news report which has been circulating about the devaluation of the Naira. This was addressed in a tweet that stated, “We wish to state categorically that this news report which in...
  2. E

    EFCC raids bureau de change operators in Abuja

    EFCC raids bureau de change operators in Abuja After concerns had been raised regarding the depletion of the naira, operatives of the Economic and Financial Crimes Commission (EFCC) on Friday raided Wuse Zone 4, home to most bureaux de change (BDC) operators in Abuja, the federal capital...
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    Naira appreciates in value against dollar

    How Much is Dollar to Naira and the official Exchange Rate today, 5th August 2022? Naira gained significantly against the U.S. dollar at the parallel market on Tuesday, after crashing to an all-time low of N710.00 last week. Currency traders in Abuja and Uyo said they bought the dollar at...
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    Factors influencing foreign exchange rate (dollar to naira)

    Factors influencing foreign exchange rate in Nigeria (dollar to naira) We have read so much about the fall in the value of naira and the current dollar to naira black market exchange rate, but we also need to look at the factors that contribute and affect the exchange rate in Nigeria. It’s no...