Read All The Latest News About Foreign Exchange rate On Naija News

We've Seen The Effect Of Hijack, It Won't Happen Again - New CBN Governor Cardoso Makes Promise

CBN: Cardoso Reveals Real Determinant Of Foreign Exchange Rate

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed the country’s fundamental determinant of foreign exchange rates. Contrary to a general belief...

Nigeria Foreign Exchange Inflow Appreciate By $10.75bn

Nigeria News1 year ago

Nigeria Customs Reduces FX Rate For Import Duties

The Nigeria Customs Service (NCS) has recently adjusted its foreign exchange (FX) rate for tariffs and duties to ₦1,480 per dollar. Naija News understands that this...

Don't Use Dollar Exchange Rate To Determine New Minimum Wage - Expert Warns NLC

Business3 years ago

Many Businesses May Collapse Over Energy, FX Crisis – Rewane

Nigerian economist, Bismarck Rewane has raised concerns over the rise in fuel prices in the country amid poor electricity power supply. In a conversation with journalists...

Economists Knock CBN, Emefiele Over 18% Interest Rate Hike

Business5 years ago

CBN Probes 71 Companies Over Forex Deals [Full List]

The Central Bank of Nigeria (CBN) has commenced an investigation into companies involved in illegal foreign exchange transactions. Naija News reports that a total of 71...

Business5 years ago

Naira Depreciates Further To ₦415/$ At Parallel Market

Nigerian legal tender, the Naira has depreciated further earlier today to ₦415/$ at the parallel market. Naija News Understands that the drop in the national currency’s...