THE naira has risen to N1,120 against the dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria has begun to clear some of its FX backlog on Thursday. This represents an appreciation of N50 or 4.27 per cent compared to the N1,170 it traded …
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Reps Summon CBN, DISCOs, Others Over $321m, N18.2bn Electricity Projects
THE House of Representatives Public Accounts Committee on Thursday summoned the Central Bank of Nigeria and 11 Electricity Distribution Companies over $321 million and N18.2 billion in loans taken for accelerated electricity transmission/distribution interface, lines, and substation projects. The committee slated November 8 for them to appear before it. The …
Read More »Nigerians Spend $340.84m Forex On Education In Six Months – CBN
NIGERIANS seeking admissions to foreign universities spent $340.84m to fund their application between January and June 2023, findings by the PUNCH have shown. This figure is according to the Central Bank of Nigeria’s data on the amount spent on educational services under the sectoral utilisation for transactions valid for foreign …
Read More »Black Market Dollar To Naira Exchange Rate Today 28th October 2023
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 27th October, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar To Naira Exchange Rate Today 26th October 2023
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 25th October, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar To Naira Exchange Rate Today 24th October 2023
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 October, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »FG Reveals Nigerians Who Will Not Enjoy Cash Transfer
THE Federal Government is set to commence cash transfers in the country to alleviate poverty across Nigeria. It was gathered that President Bola Tinubu-led government would transfer the money directly to the beneficiaries through the Central Bank of Nigeria (CBN) and not through consultants. The first batch of bulk payments …
Read More »Naira To Dollar Black Market Rate Today 21st October 2023
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 20th October below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Naira To Dollar Black Market Rate Today 19th October 2023
WAHT 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 18th October below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »I&E Window Records $53.02m Turnover After CBN Lifts Forex Ban
THE Investor & Exporter forex window recorded a turnover of $53.02m on Friday, following the Central Bank of Nigeria’s forex ban lift on 43 items. The CBN on Thursday, lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform. It disclosed this in …
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