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 April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th April 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 12th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 9th April 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 8th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Naira Gains Strength In FX Market, Appreciates To N1,120/$
THE Nigerian currency, the naira, witnessed a significant appreciation in the parallel foreign exchange (FX) market, reaching N1,120 to the dollar on Monday. This rate reflects a 9.67 percent improvement compared to N1,240/$ recorded on April 3, indicating a positive shift in the currency’s value. According to TheCable, in Lagos, …
Read More »CBN Bans Use Of Foreign Currencies As Collateral for Naira Loan
THE Central Bank of Nigeria (CBN) has banned all Nigerian banks from using foreign currencies as collateral for naira loans. Newsextra24 reports that the apex bank made this known in a circular uploaded to its website on Monday. The CBN said it had observed that bank customers were using FCY as collateral …
Read More »Naira Appreciation: FX Transactions Surge With $1bn Single-day Trade
Turnover at Nigeria’s foreign exchange market surged to the highest in a single day since 2017 on Tuesday amid Naira’s continued appreciation against the US dollar. Data from FMDQ showed that turnover FX transactions increased to $1.085 billion on Tuesday. This represents a 27 per cent increase from $857.78 million …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 3rd April 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 2nd April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 1st April 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 31st March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Why CBN Increased Minimum Capital Requirements For Banks
THE Central Bank of Nigeria (CBN) has released new minimum capital requirements for commercial, merchant and non-interest banks. In a statement on Thursday by its Acting Director, Corporate Communications Department, Hakama Sidi Ali, the apex bank pegged the minimum capital base for commercial banks with international authorisation at N500 billion. The …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th March 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 March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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