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Naira Strengthens Against Dollar in Parallel Market
Posted inExchange NAIRA RATE NEWS

Naira Strengthens Against Dollar in Parallel Market

Posted by By Akachukwu Chukwuma 31/01/2025
The Nigerian naira appreciated the parallel market on Friday, closing at N1,610/$1, up from N1,630/$1…
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Nigeria government begins Naira-for-crude sales with dangote refinery
Posted inEconomy NEWS

Nigeria government begins Naira-for-crude sales with dangote refinery

Posted by By Eze Chichetaram 07/10/2024
Wale Edun, Minister of Finance, reveals that the government has officially started selling crude oil…
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FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930
Posted inNAIRA RATE NEWS

FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930

Posted by By Tony Chimdiuto 17/08/2023
Following the previous week's rise of the Naira to an unprecedented rate to USD, the…
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Kenya’s President Insists on Less Circulation and Trading With Dollar In Africa.
Posted inNEWS

Kenya’s President Insists on Less Circulation and Trading With Dollar In Africa.

Posted by By Ekenedilichukwu 21/06/2023
Kenya's President William Ruto has again urged African countries to consider settling cross-border transactions with…
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CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices  To Over N700/ Dollar.
Posted inEconomy General News

CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices  To Over N700/ Dollar.

Posted by By Ekenedilichukwu 15/06/2023
On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate…
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Dollar USD Deposits In Nigerian Banks Takes 40% of The Total Deposits; IMF.
Posted inNEWS

Dollar USD Deposits In Nigerian Banks Takes 40% of The Total Deposits; IMF.

Posted by By Ekenedilichukwu 08/05/2023
Deposits in Nigeria banks make up 40% United States (U.S.) dollars, the International Monetary Fund…
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<strong>Central Bank of Nigeria Ends Dollar Charges On Domestic Card Transactions.</strong>
Posted inEconomy Fintech NEWS Regulations

Central Bank of Nigeria Ends Dollar Charges On Domestic Card Transactions.

Posted by By Ekenedilichukwu 27/01/2023
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Thursday declared…
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Ghana Cedis Makes A Comeback As Best Performing Currency Against Dollar.
Posted inFundraise NEWS Regulations Trading

Ghana Cedis Makes A Comeback As Best Performing Currency Against Dollar.

Posted by By Ekenedilichukwu 12/12/2022
Ghana’s national currency, cedis took the title of the world’s best performer against the dollar…
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Naira Appreciates Against Dollar Amidts Crypto Market Chaos.
Posted inNAIRA RATE NEWS Politics

Naira Appreciates Against Dollar Amidts Crypto Market Chaos.

Posted by By Ekenedilichukwu 11/11/2022
After two weeks of depreciation against foreign currencies, the naira has rebounded in the parallel…
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Bank Of Ghana Maintains Ban On Dollar Price Quotations, Following Call Out By Actress Lydia Forson.
Posted inFeatures NEWS Technology Trading

Bank Of Ghana Maintains Ban On Dollar Price Quotations, Following Call Out By Actress Lydia Forson.

Posted by By Ekenedilichukwu 06/11/2022
Recently, the Bank of Ghana warned businesses quoting U.S. dollar prices that the practice remains…
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Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.
Posted inEconomy Fintech

Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.

Posted by By Ekenedilichukwu 13/10/2022
Egyptian banks recently tightened limits on foreign currency withdrawals from local currency accounts as they…
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Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.
Posted inEconomy Fintech NEWS

Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.

Posted by By Ekenedilichukwu 03/10/2022
Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market…
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Virtual Dollar Cards that Work in Nigeria: Pay Bills Online and Buy Bitcoin With Dollar Virtual Card
Posted inEditor Features NEWS

Virtual Dollar Cards that Work in Nigeria: Pay Bills Online and Buy Bitcoin With Dollar Virtual Card

Posted by By Tony Chimdiuto 06/08/2022
Following the flutterwave Barter's virtual dollar card suspension, many individuals are currently looking for alternative…
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CBN Directs Banks to Close Naira Ledger Accounts for IMTO to Increase Dollar Cash Inflow and Regulate Exchange Rates in the Country.
Posted inNEWS

CBN Directs Banks to Close Naira Ledger Accounts for IMTO to Increase Dollar Cash Inflow and Regulate Exchange Rates in the Country.

Posted by By Tony Chimdiuto 02/12/2020
The Central Bank of Nigeria (CBN) has directed banks in the country to close all naira ledger accounts opened specifically for the purpose of receiving proceeds from international money transfer operator (IMTO)
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Nigerian Naira Depreciates Further to N462 Per $1 at the Bitcoin Market.
Posted inBitcoin NEWS

Nigerian Naira Depreciates Further to N462 Per $1 at the Bitcoin Market.

Posted by By Tony Chimdiuto 25/07/2020
Just In, Nigerian Naira depreciates further to N462 Per $1 on most Naira to Bitcoin Market in Nigeria. There is a severe pressure on Nigeria’s foreign exchange market which has equally affected other markets including the Bitcoin Market in Nigeria.
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Zimbabwe Suspends all Mobile Money Agent Transactions in Other to Control Hyperinflation.
Posted inNEWS

Zimbabwe Suspends all Mobile Money Agent Transactions in Other to Control Hyperinflation.

Posted by By Tony Chimdiuto 01/07/2020
Zimbabwe’s central bank has suspended all “mobile money agents” transactions in a bid control to hyperinflation in the country. 
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Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.
Posted inNEWS

Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.

Posted by By Tony Chimdiuto 02/05/2020
The Nigeria Naira has gained against the US Dollars following CBN's resumption on US Dollar Sales
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Naira Appreciates to ₦358 In The Parallel Market
Posted inNEWS

Naira Appreciates to ₦358 In The Parallel Market

Posted by By Tony Chimdiuto 10/02/2019
The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed…
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Kenya’s Crypto Industry Pushes to Scrap 1.5% Digital Asset Tax
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AfDB Projects $39.84 Billion Drop in Africa’s Foreign Funding Amid Shrinking Donor Support
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Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735%
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Blockchain.com Expands to Nigeria Amid Africa’s Evolving Crypto Regulation
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SEC DG Emomotimi Agama Charts Future-Ready Vision for Nigeria’s Financial Markets at NCMA Awards
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Naira Closes Strong at N1,579/$1 as CBN Reforms Boost Investor Confidence
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South African Court: Crypto Not ‘Money’ or ‘Capital’—Exchange Controls Don’t Apply
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What Is Decentralized Data Storage?
Confidential Transactions (CTs): The Privacy Layer of Blockchain
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