Naira to Dollar Rate Today

The federal government wants to tax banks 50% of profit made from foreign exchange revaluation in 2023.This plan is in the new Finance Act for 2023 that the President sent to the National Assembly for...

President Tinubu has asked the Senate to change the 2023 Finance Act to make banks pay a one-time tax on the money they made from foreign exchange in 2023.The President wrote a letter to the Senate. He said that...

Sure! Let's break it down and keep it simple for everyone:The value of the Naira, Nigeria's money, has fallen for the fifth day. Even though the Central Bank of Nigeria (CBN) tried to help, the Naira is now at...

The Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN) says there is not enough foreign money in Nigeria. They are worried because this makes it very hard for medicine companies to work.They also...

Nigeria is facing economic problems like rising prices, a weaker Naira, and changing trust from investors. Experts say that the country needs to create a steady and...

In Nigeria, the official foreign exchange (FX) market saw a big increase this week. It went up by 40%! Some information from FMDQ, collected by Nairalytics, reveals this rise. Last week (July 1 to...

The exchange rate for Nigeria Customs Service (NCS) duties has gone up from N1,520 per dollar to N1,558 per dollar.This is an increase of N38 from the previous rate and it's higher than the NAFEM closing rate of N1554.65...

The naira got lower this July. On Friday, July 12, 2024, one dollar was worth N1,563.80. This was after a little rise the day before.As per FMDQ, the naira lost value...

The Central Bank of Nigeria (CBN) has made a big move to help the country's money market by selling $122.67 million to 46 authorized dealers. This action is to make the market stable and stop sudden changes. The exchange rate...

Senate Rejects Foreign Exchange Monitoring BillSenate Rejects Foreign Exchange Monitoring Bill The Senate recently said "no" to a new rule...