By Ken Ibenne The unofficial market saw the naira hold above the N1200/$ band, which caused the Nigerian currency to halt its weekly winning streak vs the US dollar. The naira’s runaway rise since late March, which had made it the world’s best-performing currency, ended on Sunday when it had its first weekly fall on…
As the Nigerian Naira continues to strengthen against foreign currencies like the United States Dollar (USD), Great Britain Pound (GBP), European Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD) and several others, CONVERSEER gathered that the local currency is performing better at the Black Market also known as the Bureau De Change (BDC) than the…
By Frank Ulom The Nigerian Naira exchange rate for today, Monday, 19 February 2024 is quite on the high as Converseer brings to you the official (CBN) and I&E and Black Market (BDC) exchange rates for United States Dollar (USD), Great Britain Pound (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), South African Rand…
By Frank Ulom Today, Saturday 17 February 2024, Converseer brings to you the official (CBN) and I&E and Black Market (BDC) exchange rate for United States Dollar (USD), Great Britain Pound (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), South African Rand (ZAR), UAE Dirham (AED), Chinese Yuan (CNY), Japanese Yen (JPY), Swiss Franc…
By Frank Ulom Barely five days to the deadline for Nigerians to return the old NGN200, NGN500 and NGN1,000 notes to commercial banks, residents of rural communities in Central and Northern Cross River State have lamented the lack of the new notes, accusing banks of hoarding the currency. Recall that the Central Bank of Nigeria…
