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Tag: Dollar To Naira

Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

Check US Dollar to Naira Daily Black Market Rate Today in Nigeria

Opeyemi Quadri January 13, 2021 No Comments Blackmarket RateDollar To NairaFX Market

The black market exchange rate of the US dollar to Naira in Nigeria early morning of Wednesday, January 13, 2021, was N474/N470 (buy/sell). Disclaimer: This…

View More Check US Dollar to Naira Daily Black Market Rate Today in Nigeria
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

CBN defends naira with $4.37bn in three months

Opeyemi Quadri January 4, 2021 No Comments Dollar To NairaFX Market

The foreign exchange market gulp $4.37bn in the third quarter of 2020 as one of the moves by the Central Bank of Nigeria (CBN) to…

View More CBN defends naira with $4.37bn in three months
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

25 Weakest Currencies in Africa, Naira Is On The List Despite Nigeria’s Rich Economy

Opeyemi Quadri December 16, 2020 No Comments Dollar To NairaFX Market

All over the world, a currency can either be strong or weak, depending on many factors and economic policies of such country, financial experts say.…

View More 25 Weakest Currencies in Africa, Naira Is On The List Despite Nigeria’s Rich Economy
US Dollar to Naira Daily Black Market Rate
Foreign Exchange

5 Things to Watch in Dollar To Naira This Week December 14, 2020

Opeyemi Quadri December 14, 2020 No Comments Blackmarket RateDollar To NairaFX Market

Dollar to Naira Exchange Rate this week Monday, December 14, 2020, to Friday, December 18, 2020, is going to be interesting and here are the…

View More 5 Things to Watch in Dollar To Naira This Week December 14, 2020
How Naira fared against Dollar on Monday
Foreign Exchange

Naira-Dollar Closes At N475/1USD At Parallel Market On December 4, 2020

Opeyemi Quadri December 5, 2020 No Comments Blackmarket RateDollar To NairaFX Market

The daily parallel market exchange rate closed at ₦475/1USD as Nigeria dived into the first weekend in the month of December (Friday, Dec 4, 2020).…

View More Naira-Dollar Closes At N475/1USD At Parallel Market On December 4, 2020
Foreign Exchange

How To Use Domiciliary Account In Nigeria According To CBN Guidelines

Opeyemi Quadri December 1, 2020 No Comments Dollar To NairaDom AccountFX Market

Domiciliary Account allows individuals, businesses and corporate organisations to receive and make payments in foreign currencies. In this post, we’ll tell you the CBN circular on…

View More How To Use Domiciliary Account In Nigeria According To CBN Guidelines
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

US Dollar Sells for N495 At Parallel Market, Hours After CBN Comment on Forex

Opeyemi Quadri November 27, 2020 No Comments Blackmarket RateDollar To NairaFX Market

The Nigerian Naira now goes for N495 against one US dollar at the parallel market at the close of trading Thursday, November 27, 2020, it’s…

View More US Dollar Sells for N495 At Parallel Market, Hours After CBN Comment on Forex
Emefiele: EFCC Probing P & ID Failed Gas Project
Foreign Exchange

Parallel Market Is Shallow Godwin Emefiele

Opeyemi Quadri November 25, 2020 No Comments Blackmarket RateDollar To NairaFX Market

Governor of Nigeria’s apex bank Godwin Emefiele has said that the parallel market is shallow and illegal, patronise by those who engage in illicit transactions…

View More Parallel Market Is Shallow Godwin Emefiele
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

Parallel Market: CBN Governor Got It Wrong On Foreign Exchange

Opeyemi Quadri November 25, 2020 No Comments Blackmarket RateDollar To NairaFX Market

I watched the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele speak on the activities of speculators on the foreign exchange on TV,…

View More Parallel Market: CBN Governor Got It Wrong On Foreign Exchange
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

Naira Depreciates To N478 Against USD At Parallel Market, Worst Exchange Rate In 7 Months

Opeyemi Quadri November 18, 2020 No Comments Blackmarket RateDollar To NairaFX Market

The pressure on the Nigerian currency persists as Naira depreciated further Wednesday, hitting N478 against 1US Dollar. It closed at N470/$1 at the parallel market…

View More Naira Depreciates To N478 Against USD At Parallel Market, Worst Exchange Rate In 7 Months
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

Naira Weakens To 470/USD Despite Nigeria’s Apex Bank Interventions

Opeyemi Quadri November 14, 2020 No Comments Blackmarket RateDollar To NairaFX Market

Between November 11-November 13, 2020, the interventions of the Central Bank of Nigeria (CBN) seemed to be losing impact as Naira weakened against the US…

View More Naira Weakens To 470/USD Despite Nigeria’s Apex Bank Interventions
Central Bank of Nigeria Governor, Godwin Emefiele
Foreign Exchange

Nigeria’s Foreign Exchange Falls To $35.63bn, Lowest In 2 Months

Opeyemi Quadri November 13, 2020 No Comments Dollar To NairaFX Market

Nigeria’s foreign exchange reserves have fallen to $35.63 billion, should investors be worried? The latest from the Central Bank of Nigeria (CBN) has shown Nigeria’s…

View More Nigeria’s Foreign Exchange Falls To $35.63bn, Lowest In 2 Months
CBN Auctions N115bn Treasury Bills
Foreign Exchange

How To Increase Value Of Nigerian Naira (10 Workable Ways)

Opeyemi Quadri October 13, 2020 No Comments Dollar To NairaFX Market

Summary: A look at policies Nigeria’s apex bank (Central Bank of Nigeria) can consider to increase the value of Nigerian Naira against other currencies. In…

View More How To Increase Value Of Nigerian Naira (10 Workable Ways)
Bureau De Change In Osogbo-Osun state
Foreign Exchange

CBN Exchange Rate US Dollar to Naira (From 1972 Till Date)

Opeyemi Quadri October 10, 2020 No Comments Dollar To NairaFX Market

Between January to July 2020, US dollar to Nigerian Naira exchange rate at the Central Bank of Nigeria (CBN) was N360/$1 until the unification of…

View More CBN Exchange Rate US Dollar to Naira (From 1972 Till Date)
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

GTBank Domiciliary Account Holders Lament Over Inability to Withdraw or Make Transfer

Opeyemi Quadri September 29, 2020 No Comments Dollar To NairaDom AccountFX Market

Until September 24, 2020, GTBank domiciliary account was the best in Nigeria, there is no gainsaying about that. But that seems to have changed following the…

View More GTBank Domiciliary Account Holders Lament Over Inability to Withdraw or Make Transfer
Bureau De Change In Osogbo-Osun state
Foreign Exchange

Full List: Certified Bureau De Change Operators in Nigeria

Opeyemi Quadri September 25, 2020 No Comments BDCDollar To NairaFX Market

Bureau De Change (BDC) is any company that is licenced by the Central Bank of Nigeria (CBN) to carry out small scale foreign exchange business…

View More Full List: Certified Bureau De Change Operators in Nigeria
Dollar to Naira Exchange Rate at Black Market and Official infomedia nigeria
Foreign Exchange

Is It Possible To Buy Dollars Directly From CBN?

Opeyemi Quadri September 22, 2020 No Comments Dollar To NairaFX Market

As the pressure on Nigerian Naira continues, one of our readers asked, “Is it possible to buy dollars directly from Central Bank of Nigeria (CBN)?…

View More Is It Possible To Buy Dollars Directly From CBN?

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