Foreign Exchange
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Blog
Read More »The movement of a significant amount of the world’s most popular crypto has been bugun at the start of 2021 by large entities in the Bitcoin Market. Data retrieved from Whale Alert, an advanced crypto tracker, revealed a large entity transferred 12,000 BTC worth $350,442,906, from Unknown wallet to Unknown wallet. Bitcoin price …
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Naira Gains 9.3% At Parallel Market Against Dollar (See New Rate)
Read More »Naira vs Dollar Nigerian currency, Naira has gained 9.3% as it strengthened to N435 to a dollar at the parallel market yesterday. This is against about N480 to a dollar it had been trading in the past days. However, this showed a gain of N45, representing about 9.3% rise. Currency dealers attributed the development …
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CBN Resumes Sales Of Dollars To Nigerian Students, SMEs
Read More »CBN has resumed the sales of US dollars to Nigerian students in foreign schools, SMEs for important usage. The Central Bank of Nigeria revealed the body has resumed sales of dollars to Nigerian students who study abroad and need to pay their school fees. This also applies to Small-Medium Enterprises who really needs …