LAGOS AUGUST 20TH (NEWSRANGERS)-The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. The local currency fell to 517 against the US currency at the parallel market on Wednesday. At the Investors and Exporters’ window, the naira weakened by 0.06 per cent to close…
LAGOS JULY 29TH (NEWSRANGERS)-The naira fell slightly to the dollar at the parallel market few hours after the Central Bank of Nigeria on Tuesday announced the discontinuity of forex supplies to the Bureau de Change Operators in the country. The CBN Governor, Godwin Emefiele, announced the end of forex sales and new licence approval after…
LAGOS JUNE 15TH (NEWSRANGERS)-The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange policies introduced by the Central Bank of Nigeria to strengthen the currency. According to a monthly document obtained from the CBN’s website,…
LAGOS FEBRUARY 1ST (NEWSRANGERS)-Overview: The currency of a country tells you a substantial amount about its economy as well as living standards of the people. As diverse as the African continent and her countries are, so are the currencies which see high daily volumes of trade. Tunisian Dinar (TND) The Tunisian Dinar trades at around…