FG proposes NIMASA, NPA to collect fees and charges in Naira rather than Dollars
The federal government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) ...
Tag: USD
FG to compel oil companies to sell oil to local refineries in USD or Naira
The federal government through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has introduced new regulations requiring its oil producers to ...
ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent ...
Naira strengthens to N1400/$ on the parallel market as speculators sell
The exchange rate of the naira to the USD has increase to N1400/$ on the parallel market marking a significant ...
Quidax launches US Dollar savings with up to 10% interest
African-founded crypto exchange, Quidax, on Friday announced the launch of a US Dollars (USD) savings feature
Exchange rate appreciates at forex market despite significant decrease in dollar supply
Nigeria's external reserve continues to plunge, as it heads to its lowest position in four years and a year-to-date decline ...
U.S dollar stable amid U.S holiday
Trading activity in the currency market has been feeble overall, due to a holiday in the U.S.
Gold prices close lower on positive US jobs data
The price decline in the safe-haven asset was triggered by an impressive U.S. jobs report.
U.S dollar set to register its fourth consecutive monthly decline, longest losing streak since 2017
The US dollar is weaker as traders placed a very dovish spin of the Fed shift to inflation targeting.
Investors cashing in, as Ethereum gains 362% since March
ETH miners are having a field day, recording the highest revenue levels since Q3 2018.
