Naira
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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 …
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3 Nigerian Banks Lower Dollar Spending Limit On Debit Cards
Read More »Three Nigerian Banks has reduced the monthly Dollar spending limit on debit cards due to the falling of cruide oil price and the suffering of Naira against Dollar. In response to the decline in dollar supply as well as rising demand, some banks, namely GTBank, Zenith, Fidelity reduced the monthly dollar spending limit on …