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Naira Exchange Rate

Nigeria Naira exchange rate tracker. Naira to Dollar Parallel market Tracker. Naira To Dollar CBN rate tracker.

Market Watch

Zimbabwe’s ZiG Currency Plummets Over 40% Against Dollar Following Government Decision

musteey -
Zimbabwe has a new money called the ZiG. But, the value of this ZiG money has dropped by more than 40%. This happened because the country's central bank made changes to try and match the official exchange rate with...
Market Watch

Tornado Cash Developers to Stand Trial for Facilitating Over $1 Billion in Money Laundering

musteey -
The people who made Tornado Cash, a crypto mixing tool, are named Roman Storm and Roman Semenov. They will go to court because the United States said they did bad things with their platform. The court didn't accept their...
Market Watch

Naira Appreciates by 5.48% at I&E Window Amid Surging Market Turnover

musteey -
The Nigerian naira got stronger against the US dollar and ended the day at N1,576.10 in the official Investor and Exporter (I&E) window on Thursday, September 26, 2024. This is a 5.48% improvement from the previous day’s closing rate...
Market Watch

Naira Gains Against Dollar, Hits N1,540.78 at I&E Window Despite Turnover Drop

musteey -
On September 27, 2024, the naira got stronger compared to the US dollar, closing at N1,540.78 in the official Investor and Exporter (I&E) window. This was a 2.24% improvement from the previous day's rate of N1,576.10. The naira is trying...
Market Watch

Decreased U.S. Index Levels, MPC Rate Increase Strengthen Naira

musteey -
The Nigerian naira got a boost because the U.S. dollar became weaker and the Central Bank of Nigeria (CBN) surprised everyone by raising interest rates. Nigeria’s foreign exchange market is like a big, complicated puzzle. On Thursday, the naira traded...
Market Watch

FG Proposes NIMASA, NPA to Collect Fees and Charges in Naira Instead of Dollars

musteey -
The Nigerian government wants the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) to start collecting money in Naira instead of foreign currencies.Bayo Onanuga, who advises the President on Information and Strategy, said this...
Market Watch

Naira Settles at N1,667.42 in I&E Window on September 25

musteey -
The Nigerian naira is getting weaker compared to the US dollar. On September 25, 2024, it ended the day at N1,667.42 in the official Investor and Exporter (I&E) market. This means the naira lost 0.54% value from the previous day's...
Market Watch

CBN to Allocate Additional $20,000 to Each BDC at N1,590/$1, Profit Margin Capped at 1%

musteey -
The Central Bank of Nigeria (CBN) has decided to sell $20,000 more to each eligible Bureau de Change (BDC) operator in Nigeria. This announcement was made...
Market Watch

South African Rand Gains 11% Against Dollar Following Economic Sector Advancements

musteey -
By the start of the market on September 25, 2024, the South African Rand (ZAR) has grown by 11% against the US dollar since its low in February. This is because South Africa's economy did well in key areas...
Market Watch

Naira Drops 6.13% at I&E Window Following CBN’s Interest Rate Hike Announcement

musteey -
On Tuesday, September 24, 2024, the Nigerian naira lost more value against the US dollar. It ended the day at N1,658.48 in the official Investor and Exporter (I&E) window.This was a big drop of 6.13% from N1,562.66 on Monday....
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Healthmusteey -

Nigeria's population could rise to 450 million by 2050: experts

Experts have expressed concern about the possible increase in Nigeria's population, which could reach 450 million by 2050 if...
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