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Farooq

April (Page 19)

Home2017April (Page 19)
  • dollar to naira

Recent policy actions by the Central Bank of Nigeria on the foreign exchange market have helped to drastically discourage arbitrage in the foreign exchange market and thrust the exchange rates in the interbank and parallel windows closer to convergence, writes Obinna Chima For years, narrowing the wide gap between the various rates on the foreign […]

A financial expert, Alhaji Aminu Gwadabe, has blamed the Central Bank’s knack for last minute solution for the misfortune of the naira at the foreign exchange market. Gwadabe, who is also the President, Association of Bureau De Change Operators of Nigeria (ABCON), said recent depreciation of naira could be traced to speculators’ onslaught and resistance […]

Dollar to Naira Rate Black Market April 3 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

Oyetunji Abioye The Central Bank of Nigeria has said there is adequate amount of foreign exchange to meet the needs of bank customers seeking to purchase dollars for purpose of Personal Travel Allowance, Business Travel Allowance, and payment of school and medical fees. In a statement on Friday, the CBN debunked claims by some commercial […]

  • dollar to naira

The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has blamed the recent depreciation of naira on the speculators’ onslaught and resistance by the banking industry. Gwadabe said on Saturday in Lagos that the refusal of some banks to sell the invisibles such as personal and business travel allowances frustrated naira […]