Dollar Hits N611 To Naira At The Parallel Market - Nairaland / General - Nairaland
Nairaland Forum / Nairaland / General / Dollar Hits N611 To Naira At The Parallel Market (354 Views)
Dollar Hits ₦610 To Naira / Naira Weakens Marginally Against Dollar, Hits N472 / Nwata Anayoeze AKA (TMT) Spray 3 Million Naira At His Sister In- Law's Wedding (2) (3) (4)
(1) (Reply)
| Dollar Hits N611 To Naira At The Parallel Market by Localordinary: 9:05pm On May 23, 2022 |
Nigeria News LATESTNIGERIA NEWSPOLITICSMETROENTERTAINMENTSPORTSBUSINESS CONNECT WITH US SEARCH Nigeria News Nigeria News DOLLAR TO NAIRA EXCHANGE RATESBlack Market: Dollar Hits N611 To Naira At Parallel MarketPublished on 22 May 2022 at 11:10 AMBy George Oshogwe Ogbolu Kindly share this story: Dollar To Naira Exchange Rate Today 25 November 2021 (Black Market Rate) The Nigerian currency (naira) now exchanges at N611 to the dollar at the parallel market, popularly known as the black market. Naija News reports that the naira’s official rate stands at 419.02 at the Investors and Exporters window, after several dips on Friday. But the Nigerian currency has dropped massively at the parallel market to 611 for the first time in the country’s history. According to Naija News Forex and source at the black market, a dollar is sold at N611 on Sunday morning. Meanwhile, the Central Bank of Nigeria (CBN) has denied plans to phase out the circulation of the lower denomination of the naira notes. Peder B. Helland - Hope 00:00 / 00:00 Copy video url Play / Pause Mute / Unmute Report a problem Language Share Vidverto Player Osita Nwanisobi, director, corporate communication, CBN, said this on Saturday in a telephone conversation with TheCable. Nwanisobi said: “The CBN is not phasing out anything.” The Delta State Branch Controller of CBN, Godwin Okafor, while urging market men and women to sign into the e-Naira, had called on traders to key into the central bank’s e-Naira policy. He said, “We are here at the market today to sensitise the market people on the use of e-Naira. It is fully backed by CBN, unlike Bitcoin which has no legal backing.” Also speaking, Dr Aminu Bizi, a consultant of CBN on e-Naira, said Delta was chosen as the second state to sensitise market women on e-Naira after Lagos. “We are here to sensitise market men and women, shop to shop on the use of e-Naira. CBN has gone behind ATM, POS, therefore, we are going to meet the Okada/tricycle union on this policy. Nigerian Newspapers Daily Front Pages Review | Monday, 23rd May, 2022 Copyright © Polance Media Limited 2022 All rights reserved. |
| Re: Dollar Hits N611 To Naira At The Parallel Market by GRACETOLIVE(f): 9:12pm On May 23, 2022 |
Kuku kill us. 1 Like |
| Re: Dollar Hits N611 To Naira At The Parallel Market by Snitch24(m): 10:29pm On May 23, 2022 |
Lol 700 soon 1 Like |
(1) (Reply)
Sapa Don Reach Leventis Side O / Tiktok Star Luva De Pedreiro Has Bought His First Home / APC Parades Fake Bishops At Unveiling Ceremony Of Shettima*
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10 |