Again, Dollar Crashes [See New Exchange Rate]
The value of the naira in the black market continues to appreciate against the dollar. The latest movement has closed ...
Tag: FOREX
NNPCL Explains Reasons For Petrol Price Hike
The Nigerian National Petroleum Company Limited (NNPCL) says foreign exchange illiquidity has been a significant factor influencing the fluctuation in ...
National Assembly Raises Forex Windfall Levy On Banks To 70%
On Tuesday, the National Assembly passed the Finance Act 2023 Amendment Bill and increased the tax on forex windfall to ...
Naira Trades Flat On Black Market As Dollar Liquidity Improves
On Wednesday, Naira traded flat at N1,490 on the parallel market, popularly called the black market, following improved dollar liquidity ...
Worries Grow As Naira Falls To 1,533.99 Per Dollar At Official Market
Nigerians are becoming more worried as the dollar hits N1,533.99 on Thursday in the official market, despite the Central Bank ...
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