THE trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja as a forensic analyst confirmed that the documents used to request the payment of $6.2million for foreign election observers were forged. The …
Read More »Tag Archives: Central Bank of Nigeria
CBN Records Dollar Upsurge As Remittances Quadruple
THE Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February 2024. There is marked increment in remittance payments by Diasporic Nigerians. This is in addition to purchases of naira assets by foreign portfolio investors. Speaking with newsmen in Abuja, the …
Read More »Canadian Dollar To Naira Black Market Today
Amidst fluctuating economic conditions, the Nigerian parallel currency market, widely referred to as the black market, has seen the Canadian Dollar to Naira exchange rate reach N1,159.044. This rate, determined by informal currency traders known locally as ‘Abokis,’ underscores the ongoing challenges faced by Nigerians needing foreign currency amidst stringent official banking …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 8th 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 7th March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Euro To Naira Black Market Today
THE Euro to Naira rate, in the Nigerian foreign exchange market, has reached a new high in the parallel market, standing at N1,751.351 for a single Euro. This rate is particularly significant for Nigerians with business, educational, or tourism interests in Europe and for technology sector professionals who earn their income in …
Read More »Pounds To Naira Black Market Exchange Rate Today 8th March 2024
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to Naira exchange rate for 7th March, below. You can swap your pounds for Naira at these rates. How much is a pounds to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 7th 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 6th March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Pounds To Naira Black Market Exchange Rate Today 7th March 2024
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to Naira exchange rate for 6th March, below. You can swap your pounds for Naira at these rates. How much is a pounds to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th 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 5th March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Naira Depreciates To N1,620/$ At Parallel Market
THE Nigerian Naira saw a depreciation in value against the dollar at the parallel section of the foreign exchange market on Monday, sliding to N1,620/$, a decrease of N20 or 1.25 percent from its March 1, 2024, rate of N1,600. In contrast, at the official window, the Naira recorded a gain of …
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