Naira Strengthens by N6.45 Against Dollar

Dollar To Naira Rate For Today - July 22

Naira Strengthens to N1,534/$ Post-Christmas Holiday Parallel Market: Naira Closes at N1,650/$ on Friday FX Turnover Hits N23.95 Trillion in November The Nigerian naira appreciated against the US dollar in the foreign exchange market following the resumption of work after the Christmas holidays. According to FMDQ data, the naira strengthened to N1,534 per dollar on … Read more

CBN Threatens To Sanction Banks Involved In Illegal Sales Of Forex

Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has threatened to sanction banks caught engaging in illegal forex sales. The acting Chairman of the apex bank, Folashodun Shonubi disclosed that plans are underway to form a commission to handle such issues. Editors Pick  JUST IN: Tobi Amusan Not Cleared Of Doping – … Read more