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NGN RATE

naira

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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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NNPC Ends Exclusive Deal with Dangote Refinery
Posted inNEWS Trends

NNPC Ends Exclusive Deal with Dangote Refinery

Posted by By Eze Chichetaram 08/10/2024
The Nigerian National Petroleum Company Limited (NNPC)  has decided to bring to a halt its…
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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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Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI
Posted inNEWS Stocks Trading

Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI

Posted by By Akachukwu Chukwuma 05/10/2024
The All-Share Index (ASI) rose by 0.47%, gaining 456.12 points to reach 97,520.54 on October…
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More than 93% of the total Naira in circulation is not in the Nigerian banks.
Posted inBanking NEWS

More than 93% of the total Naira in circulation is not in the Nigerian banks.

Posted by By Akachukwu Chukwuma 04/10/2024
According to the CBN, the total currency in circulation has reached N4.14 trillion, with N3.87…
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Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX
Posted inEconomy NAIRA RATE NEWS

Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX

Posted by By Akachukwu Chukwuma 02/10/2024
In September 2024, the Naira showed some positive signs in the official market, but the…
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Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Posted inEconomy NAIRA RATE NEWS Stocks

Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond

Posted by By Eze Chichetaram 16/09/2024
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
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Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
Posted inEconomy Fintech NEWS

Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000

Posted by By Eze Chichetaram 08/09/2024
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
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Naira Rates: CBN Forms Task Force to Double the Remittance Inflows 
Posted inEconomy Exchange NAIRA RATE NEWS Trends

Naira Rates: CBN Forms Task Force to Double the Remittance Inflows 

Posted by By Tony Chimdiuto 25/04/2024
The Central Bank of Nigeria (CBN) has formed a task force that will drive the…
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Binance and others crypto exchanges seize support for USDT/NGN Pair
Posted inBitcoin NEWS Trading Trends

Binance and others crypto exchanges seize support for USDT/NGN Pair

Posted by By Nsikanabasi Edet 29/02/2024
Due to regulatory problems Nigerians can no longer trade their USDT to their local fiat…
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Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’
Posted inNAIRA RATE NEWS Regulations Trading

Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’

Posted by By Nsikanabasi Edet 30/01/2024
Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
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African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval
Posted inFintech NEWS Regulations Stablecoins

African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval

Posted by By Nsikanabasi Edet 12/01/2024
This comes a few days after there were reports that it will be launching the…
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Naira Weakens by 1.3% Against USDT Today
Posted inNAIRA RATE NEWS

Naira Weakens by 1.3% Against USDT Today

Posted by By Tony Chimdiuto 06/10/2023
Friday, October 6, 2023 - Naira – USDT Rate Today. Updated Rates on NGN –…
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NAIRA – USDT: Naira Gains 0.2% Against USDT Today. 
Posted inNAIRA RATE NEWS

NAIRA – USDT: Naira Gains 0.2% Against USDT Today. 

Posted by By Tony Chimdiuto 03/10/2023
Tuesday, 3rd October 2023, updated rates on NGN – USDT and other most popular cryptocurrencies…
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Crypto Market Rate Update Wednesday 6th September 2023: Naira to USD (USDT).
Posted inNAIRA RATE NEWS

Crypto Market Rate Update Wednesday 6th September 2023: Naira to USD (USDT).

Posted by By Tony Chimdiuto 06/09/2023
Wednesday, 6th September, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Read More
Crypto Market Rate Update Monday 1st September 2023: Naira to USD (USDT).
Posted inNAIRA RATE NEWS

Crypto Market Rate Update Monday 1st September 2023: Naira to USD (USDT).

Posted by By Tony Chimdiuto 01/09/2023
Friday, 1st September, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Read More
Crypto Market Rate Update Monday 30th August 2023: Naira to USD (USDT).
Posted inNAIRA RATE NEWS

Crypto Market Rate Update Monday 30th August 2023: Naira to USD (USDT).

Posted by By Tony Chimdiuto 30/08/2023
Wednesday, 30th August, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Read More
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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Crypto Market Rate Update Friday 13th August 2023: Naira to USD (USDT).
Posted inNAIRA RATE NEWS

Crypto Market Rate Update Friday 13th August 2023: Naira to USD (USDT).

Posted by By Tony Chimdiuto 13/08/2023
Sunday, 13th August, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
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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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Crypto Market Rate Update Thursday, 27th April, 2023: Naira to USD (USDT).
Posted inNAIRA RATE

Crypto Market Rate Update Thursday, 27th April, 2023: Naira to USD (USDT).

Posted by By Ekenedilichukwu 27/04/2023
Opening prices for Thursday, 27th April, 2023, updated rates on USD – USDT and other…
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Central Bank of Nigeria To Take Over Money In Dormant Accounts.
Posted inGeneral News

Central Bank of Nigeria To Take Over Money In Dormant Accounts.

Posted by By Ekenedilichukwu 26/04/2023
The Central Bank of Nigeria (CBN) has issued a new regulatory framework that will see…
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<strong>Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown.</strong>
Posted inEconomy Fintech NAIRA RATE Regulations

Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown.

Posted by By Ekenedilichukwu 12/03/2023
As the end of the Naira scarcity is nowhere in sight and following the breakdown…
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<strong>Nigeria Crypto Arbitrage Trading Rises To 62% As Cash Crunch Worsens. </strong>
Posted inEconomy NEWS Trading

Nigeria Crypto Arbitrage Trading Rises To 62% As Cash Crunch Worsens. 

Posted by By Tony Chimdiuto 11/03/2023
Crypto demand in Nigeria keeps rising due to its great economic instability, as well as…
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<strong>Binance P2P MarketPlace Will Now Support More New African Currencies Without Third Parties. </strong>
Posted inFintech Fundraise Regulations

Binance P2P MarketPlace Will Now Support More New African Currencies Without Third Parties. 

Posted by By Ekenedilichukwu 04/03/2023
Crypto Exchange  platform Binance has announced that its peer-to-peer (P2P) marketplace will now support more…
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