dollar | DiutoCoinNews

FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930

17/08/2023

Following the previous week's rise of the Naira to an unprecedented rate to USD, the rate dropped today after a series of meetings by the...

NEWS

Kenya’s President Insists on Less Circulation and Trading With Dollar In Africa.

Ekenedilichukwu

21/06/202321/06/2023

Kenya's President William Ruto has again urged African countries to consider settling cross-border transactions with their respective currencies instead of the U.S. dollar. In his...

Economy General News

CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar.

Ekenedilichukwu

15/06/202315/06/2023

On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate cap on the naira at the Investors and Exporters’ (I&E)...

NEWS

Dollar USD Deposits In Nigerian Banks Takes 40% of The Total Deposits; IMF.

Ekenedilichukwu

08/05/202308/05/2023

Deposits in Nigeria banks make up 40% United States (U.S.) dollars, the International Monetary Fund (IMF) has said. The IMF described the practice as a...

Economy Fintech NEWS REGULATIONS

Central Bank of Nigeria Ends Dollar Charges On Domestic Card Transactions.

Ekenedilichukwu

27/01/202327/01/2023

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Thursday declared that going forward, dollar charges on all domestic cards and...

Funding NEWS REGULATIONS TRADING

Ghana Cedis Makes A Comeback As Best Performing Currency Against Dollar.

Ekenedilichukwu

12/12/202212/12/2022

Ghana’s national currency, cedis took the title of the world’s best performer against the dollar this week amid optimism the debt distressed country is closer...

Altcoins NAIRA RATE NEWS

Naira Appreciates Against Dollar Amidts Crypto Market Chaos.

Ekenedilichukwu

11/11/202211/11/2022

After two weeks of depreciation against foreign currencies, the naira has rebounded in the parallel market, where it was trading for around N730 to a...

Features NEWS TECHNOLOGY TRADING

Bank Of Ghana Maintains Ban On Dollar Price Quotations, Following Call Out By Actress Lydia Forson.

Ekenedilichukwu

06/11/202206/11/2022

Recently, the Bank of Ghana warned businesses quoting U.S. dollar prices that the practice remains prohibited, noting that the cedi remains Ghana’s sole legal tender....

Economy Fintech

Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.

Ekenedilichukwu

13/10/202213/10/2022

Egyptian banks recently tightened limits on foreign currency withdrawals from local currency accounts as they seek to conserve scarce dollars, clients who plan to travel...

Economy Fintech NEWS

Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.

Ekenedilichukwu

03/10/202203/10/2022

Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market exchange rate slumped to 735 units per dollar. The naira’s...

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FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930

Kenya’s President Insists on Less Circulation and Trading With Dollar In Africa.

CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar.

Dollar USD Deposits In Nigerian Banks Takes 40% of The Total Deposits; IMF.

Central Bank of Nigeria Ends Dollar Charges On Domestic Card Transactions.

Ghana Cedis Makes A Comeback As Best Performing Currency Against Dollar.

Naira Appreciates Against Dollar Amidts Crypto Market Chaos.

Bank Of Ghana Maintains Ban On Dollar Price Quotations, Following Call Out By Actress Lydia Forson.

Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.

Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.