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Point-of-sale operators nationwide have implemented a 100% increase in their service charges, a direct response to the prevailing Naira scarcity. The newly elected secretary of the Association of Mobile Money and Agent Banking Industry in Nigeria, Elegede Segun, confirmed this development during a conversation with DAILY POST on Tuesday. Attributing the surge in fees charged […]
The post Naira Scarcity Triggers 100% Increase In PoS Service Costs Nationwide appeared first on Naija News.
It however depreciated to N869 on the official window.
The post Naira Appreciates To N990/$ On Parallel Market appeared first on Arise News.
Traders with dollars acquired at very high rates have incurred heavy losses after a N175 gain in one day.
The post Naira Continues Rebound, Strengthens To N950/$ at Parallel Market appeared first on Arise News.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 21st August below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […]
The post Naira To Dollar Black Market Rate Today 22nd August 2023 appeared first on Naija News.
There was relief in the forex market on Wednesday, as the naira appreciated at both the official I&E forex window and the parallel market.
The post NNPC Gets $3bn Loan from Afreximbank to Stabilise FX, Naira Gains appeared first on Arise News.
Shonubi said that policies should be put in place to control and detect channels for illegal remittances.
The post CBN Attributes Naira Crash To Diversion of Diaspora Remittances To Parallel Market appeared first on Arise News.
However, on the Investors and Exporters’ (I&E) window, the naira closed at N781/$1 compared with its opening rate of N782/$1.
The post Excess Liquidity Weakens Naira Further at Parallel Market to N950/$1 appeared first on Arise News.
Nigeria’s economy has been under pressure since the Central Bank of Nigeria (CBN) floated the currency in June.
The post Naira Advances Towards N1000 Per $1, Hits Record Low Of N915 To $1 At Parallel Market appeared first on Arise News.
He recommended digital capturing of all beneficiaries of the cash transfer, ahead of the plan to share the $800 million World Bank loan to vulnerable Nigerians.
The post At Ministerial Screening, Wale Edun Says Naira’s Fair Value is N700/$1 appeared first on Arise News.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 1st August below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? […]
The post Naira To Dollar Black Market Rate Today 2nd August 2023 appeared first on Naija News.