International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …
EXCHANGE RATE
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Business and EconomyEconomyEnergyFinance & ServicesGOVERNMENTNigeriaOil & GasWestern Africa
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The Zimbabwean dollar has depreciated once more against all major currencies for the third week, falling to ZWL$4712.16: US$1 from ZWL$4604.62: US$1 three weeks ago. On both the official and …
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AfricaAFRICA NEWSBanking, Finance & InvestmentNigeria
ABCON seeks CBN’s support for digital transition
by Editorby EditorAs exchange rate volatility continues to impact the economy, the Association of Bureau de Change Operators of Nigeria(ABCON) has called on the Central Bank of Nigeria (CBN) to democratize and …
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The Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window. The local currency depreciated by 7.08 per cent against the N736.62 …
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AfricaAFRICA NEWSBusinessMarketsNewsNigeriaWestern Africa
Naira exchanges N429.62 to dollar at Investors’ window
Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with …
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Friday, 10th June 2022: The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window. Naira recorded a marginal gain against the …