DOLLAR Archives - Global Upfront Newspapers

Naira Regresses To 1,510/$ Despite CBN’s Interventions

Global UpfrontMay 12, 2024May 12, 20240

The depreciation of the naira continued over the weekend as the currency traded at N1,510 to a dollar at the parallel market and 1,466.31 at

A New Day Begins As Naira Tumbles To N1,234/$ At Official Market

Global UpfrontApr 23, 2024April 23, 20240

A new day begins Tuesday as the Naira depreciated in value against the United States dollar to N1,234 at the official foreign exchange market on

Binance Halts Naira Services, Pulls Out of Nigeria

Global UpfrontMar 5, 2024March 5, 20240

Cryptocurrency trading platform, Binance, has announced its decision to halt all services in naira effective March 8, 8, 2024, The halt in naira services, a

Stop Raid On Bureau De Change Operators, “They’re Not Cause Of Dollar Rise,’ Says Peter Obi

Global UpfrontFeb 25, 2024February 25, 20240

The main opposition voice and Labour Party (LP) Presidential candidate in last year’s general election, Peter Obi, on Sunday advised security agencies arresting Bureau de

IMF: Naira Depreciating By 35% To N2,081/$1 In Official Market, 44% Inflation Rate Coming

Global UpfrontFeb 22, 2024February 22, 20240

The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 per cent this year, adding

Naira Defies FG’s Clampdown, Hits N1,900/$; Pound – N2,250

Global UpfrontFeb 21, 2024February 21, 20240

The naira Tuesday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De

As Naira Hits N1,825/$, NSA Orders Clamp Down on Forex Speculators

Global UpfrontFeb 20, 2024February 20, 20240

National Security Adviser, Nuhu Ribadu, has directed operatives of the Nigeria Police Force, the Economic and Financial Crimes Commission (EFCC), the Nigeria Customs Service (NCS)

Profligacy: Data Links Naira Depreciation To FAAC Monthly Disbursements

Global UpfrontFeb 17, 2024February 17, 20240

The profligacy of federal and State government top functionaries after the disbursement of money by the Federation Account Allocation Committee (FAAC) contributed to the depreciation

Naira Meltdown Continues, Now N1,600/$1 A Parallel Market, Despite CBN’s Efforts

Global UpfrontFeb 16, 2024February 16, 20240

The meltdown of Nigeria’s official currency, Naira, continues as crumbled at the parallel market segment of the currency market at midday of Thursday, February 15,

EFCC Raises Special Task Force Against Dollarization of Economy, Mutilation of Naira, Arrest Some Perpetrators

Global UpfrontFeb 7, 2024February 7, 20240

The Economic and Financial Crimes Commission (EFCC) on Wednesday announced the institution of a Special Task Force in all its Zonal Commands for the enforcement