15 Strongest Currencies in Africa Against USD Exchange Rate
Opeyemi Quadri The strongest currencies in Africa in 2023 in terms of US Dollar exchange rate are Tunisian Dinar, Libyan Dinar,...
Forex
Will The Naira Rise Again?
Editorial Staff The Nigerian Naira is one of the worst-performing currencies in Africa, no thanks to the...
Pros and Cons of CBN’s Decision To Stop Selling Forex To Banks
On Thursday, February 10, 2022, the governor of the Central Bank of Nigeria (CBN) disclosed...
6 Alternatives to CBN Forex Allocation
The forex allocation for students studying abroad is $15,000 per semester, so what happens if...
Approved Documents for Invisible Transactions in Nigeria
There are important documents applicants need to submit to the Central Bank of Nigeria (CBN)...
Requirements for Commercial Export in Nigeria
Generally, the process of commercial export in Nigeria isn’t as easy as they seem online....
Why CBN Should Adopt Flexible Exchange Rate Policy – CPPE
The Central Bank of Nigeria (CBN) should adopt a flexible exchange rate that will allow...
26 Categories of Invisible Trade
What is Invisible Trade? Payment for services like website design, security consultancy, hotel lodge, medical...
How To Apply for Dollar on Trade Monitoring System (TRMS)
With the TRMS, the apex bank can monitor applications for dollars in real-time and track applicants with their BVN or…
Updated: BTA-PTA Exchange Rate in Nigeria Today
What is PTA Exchange rate? PTA exchange rate is the USD/NGN prevailing buy and sell...
10 Economic Implications of Defending Naira with Foreign Reserves
On November 10, 2021, the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele...
5 Ways 100 for 100 Policy Will Crash US Dollar Exchange Rate in Nigeria
For close to three decades, Nigeria’s economy has depended largely on the importation of finished...
Again, Naira Appreciates, Exchanges for NGN525/USD at Black Market
The naira continued its appreciable performance against the US dollar on November 12, 2021, at...
Naira Gains Against USD, Trades N540/$1 at Black Market
The naira is showing an improvement at the exchange market as it gained against the...
eNaira Crashes Dollar to Naira At Black Market Rate
eNaira, Nigeria’s digital coin, seems to be having a good impact on the fiat version...