Dollar

CBN orders BDCs to sell dollar at N1,269

The Central Bank of Nigeria (CBN) has directed each Bureau de Change (BDC) operator to sell dollars to eligible customers…

1 month ago

Naira gains against dollar, exchanges at N1,431

The naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday, March 22,…

2 months ago

CBN begins daily sales of $20,000 at N1,301/$ to BDCs

As part of the efforts to stabilise the forex market, the Central Bank of Nigeria (CBN) has commenced the sale…

2 months ago

FG to raise $10bn for forex liquidity, Naira stability

The Federal Government has expressed determination to raise at least $10 billion to increase foreign exchange liquidity to stabilise the…

3 months ago

‘All-time low’: Naira crashes to N1,534 against dollar

The naira, on Monday, February 12, 2024, continued to suffer depreciation against the U.S. dollar as it exchanged at N1,534…

3 months ago

Price control, Wigwe University and dollar school fees

By ETIM ETIM The judgement of the Federal High Court in Lagos last week ordering the government to fix prices…

3 months ago

CBN to Nigerians: Reduce dollar demand, we’ve no magic to stabilise forex

The Central Bank of Nigeria (CBN) says it doesn’t have a magic word to stabilise the foreign exchange, noting that…

3 months ago

Naira crashes to N1,300 against U.S. dollar

The naira, on Tuesday, January 16, 2024, continued to suffer depreciation against the dollar as it exchanged at N1,300 on…

4 months ago

Dollar drops, bitcoin rises ahead ETF approval deadline

The dollar paused its rally on Tuesday, January 9, as traders reaffirmed their bets for a slew of Federal Reserve…

4 months ago

Naira exchanges at N1,043 against dollar at FX market

The naira, on Thursday, continued to suffer depreciation against the dollar as it exchanged at N1,043.09 at the official foreign…

4 months ago

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