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 14th July, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Tag Archives: Central Bank of Nigeria
Senators Reject Bill Seeking to Reduce CBN’s Regulatory Power on FX Market
Nigerian senators have rejected a bill seeking to amend the Foreign Exchange Act of 2004 expected to reduce the regulatory function of the Central Bank of Nigeria on the Fx Market. The bill, titled “The Foreign Exchange (Control and Monitoring) Bill, 2024 (SB. 353),” was sponsored by Sani Musa (APC-Niger), …
Read More »CAC Threatens To Cancel Certificates Of BDCs With Revoked Licences
THE Corporate Affairs Commission (CAC) has declared its plan to revoke the incorporation certificates of some Bureaux De Change (BDCs) following the revocation of their licenses by the Central Bank of Nigeria (CBN). In a statement on its website on Wednesday, CAC stated that it would revoke the certificates of …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th July 2024
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 3rd July, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Dangote faults CBN’s 30% Interest Rate
Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has faulted the latest increase in interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). Dangote was addressing an audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th June 2024
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 28th June, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »CBN Issues Fresh Guidelines For Foreign Currency Deposit
THE Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank. This directive was contained in a circular issued by the Director of Currency Operators, Mohammed Solaja and posted on the bank’s website on Friday. …
Read More »CBN To Implement More Policies To Tackle Cybersecurity Challenges
THE Central Bank of Nigeria (CBN) has said it would continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and integrity of the financial system. The Deputy Governor, Financial Systems Stability at CBN, Mr Philip Ikeazor, said this during a two-day Financial Institutions Training Centre …
Read More »CBN To Implement More Policies To Tackle Cybersecurity Challenges
THE Central Bank of Nigeria (CBN) has said it would continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and integrity of the financial system. The Deputy Governor, Financial Systems Stability at CBN, Mr Philip Ikeazor, said this during a two-day Financial Institutions Training Centre …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 24th June 2024
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 23rd June, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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