Browsing Tag
naira
9 posts
Naira slumps further across FX markets
The naira on Tuesday continued to depreciate against the dollar at both official and parallel foreign exchange markets.According to data from FMDQ, the local currency fell to N1689.88 per dollar on Tuesday from N1681.42 exchanged on Monday, recording N8.42 depreciation.Similarly, at the black market, the naira lost N5 to close at N1740 on Tuesday from
Naira To Dollar Black Market Rate Today 23rd June 2023
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 22nd June below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market?
Naira depreciation: Why petrol price may increase as new marketers begin import
New oil marketers' petrol cargoes will arrive in Nigeria by July as NNPC reduces importation.The announcement was made by the Chief Executive of NMDPRA, Farouk AhmedHe said the agency had granted new licenses to importers to bring petrol.PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ click on “Recommended for you” and
How Naira Crisis, Elections Affected 2023 Revenue – NGX
Nigerian Exchange Limited How Naira Crisis, Elections Affected 2023 Revenue – NGX The Nigerian Exchange Group (NGX) has said the last general elections and the naira redesign policy of the Central Bank of Nigeria impacted its top-line revenue negatively. It said this resulted in a 20.5 per cent decline to N1.33bn in the first quarter
Naira Scarcity: Order Emefiele To Supply Banks Old, New Notes – Afenifere Tells Buhari
President Muhammadu Buhari should order the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to supply commercial banks with both the old and new naira notes.The pan-Yoruba socio-political organisation, Afenifere, stated this in a statement on Monday by its National Publicity Secretary, Jare Ajayi.Afenifere said it was surprised that despite the comments made by the President
New Naira Notes: We Have No Information On The Supreme Court Ruling – CBN
For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal tender until December 31, the Central Bank of Nigeria (CBN) has refused to speak on the judgement. On Saturday, an official of the CBN told The Nation that the communications department has not been informed
A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has accused the governors on the platform of the APC of currently mounting intense pressure on President Muhammadu Buhari and the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, to settle the case over Naira redesign policy
Old Naira Notes: CBN Denies Fake News On Aisha Buhari’s Social Media Handles
The Central Bank of Nigeria (CBN) has debunked the fake news posted on the verified Instagram and Facebook handles of the First Lady of Nigeria, Mrs Aisha Buhari. The fake news posted on the two social media handles of the First Lady on Tuesday morning purportedly indicated that the old N200, N500 and N1000 banknotes
New naira notes: Kano govt fears protests, postpones Buhari’s visit
In obvious fear of outbreak of protests over the hardship being faced by the people over the redesigned naira note, Kano Government on has asked President Muhammadu Buhari to postpone his scheduled visit to the state. Buhari was expected to be in Kano next Monday and Tuesday to commission some projects of the Ganduje administration.