Naira Archives - Page 37 of 38 - Voice Air Media

1 Minute

Business National

Breaking: Naira depreciates by 2.8% at parallel market

VAM News November 20, 2021 0 Comment

The naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market. Bureaux De Change (BDC) operators in Lagos told TheCable on Friday that the naira exchanged for N545...

2 Minutes

Business

Naira Appreciates At Official Market As Nigeria’s External Reserve Bounces Back

VAM News November 8, 2021 0 Comment

The exchange rate between the Naira and the US dollar closed at N414.30/$1, at the official Investors and Exporters window. The Naira appreciated against the US dollar to close at N414.30/$1 on Friday 5th...

Technology -2 Minutes

Cryptocurrency: Luno resumes naira deposit, withdrawal for Nigerians

Olorungbotemi October 26, 2021 0 Comment

Nigerians trading cryptocurrency on Luno will be able to deposit and withdraw in local currency from November, the trading platform said on Monday. “We’re thrilled to announce that deposits and withdrawals in...

4 Minutes

Business

Naira tumbles to record low at official market as dollar supply drops by 54%

VAM News October 15, 2021 0 Comment

Thursday, 14th October 2021:  The exchange rate between the naira and the US dollar closed at N422.07/$1, at the Investors and Exporters window, where forex is traded officially. Naira depreciated significantly against the US...

1 Minute

Economy

Naira loses further at official market

VAM News October 7, 2021 0 Comment

Naira fell marginally against the U.S. dollar at the official market on Wednesday, as foreign exchange supply increased significantly from what was recorded in the previous session on Tuesday. Data from FMDQ securities exchange...

1 Minute

Crime

Police Arrest Fraudsters Circulating Fake Naira Notes

VAM News October 2, 2021 0 Comment

The Katsina State Police Command has paraded three alleged fraudsters for circulating fake nira note in the state. The state’s Police Public Relations Officer, SP. Gambo Isah in a press...

5 Minutes

Economy

Here’s How We Can Save The Naira From Hitting 1,000 Per Dollar?

VAM News September 28, 2021 0 Comment

By Mayowa Tijani In the past few weeks, I have written extensively about the naira and Nigeria’s foreign exchange regime. As a result, I have got quite a lot of feedback from virtually all...

1 Minute

Business National

CBN To Shut Down Aboki FX Website Over Naira Crash

VAM News September 18, 2021 0 Comment

The Central Bank of Nigeria has said that it will shut down the operations of Aboki FX, a provider of currency exchange information, which the bank described as an illegal and criminal platform. The...

2 Minutes

Business Economy

Domiciliary: No plan to convert currencies — CBN reveals

VAM News September 12, 2021 0 Comment

The Central Bank of Nigeria (CBN) has said it has no plan to convert foreign currencies in the domiciliary accounts of bank customers. The Director of Corporate Communications, Mr. Osita Nwasinobi, said this in...

2 Minutes

Business Economy

Naira falls to N527 to dollar at parallel market

VAM News August 31, 2021 0 Comment

The naira on Monday weakened to new low of N527 to dollar in the parallel market. The local currency position represents N3 depreciation from N524 to dollar it closed last week. The naira is...