US dollars

CBN tells Nigerians: You can no longer receive diaspora remittances in Dollars

The Central Bank of Nigeria (CBN) has barred international money transfer operators (IMTOs) from paying…

Zimbabwean dollar continues to lose ground against USD

The Zimbabwe dollar (ZWL) on Tuesday dropped to 63.7442 to the U.S. dollar from 57.3582,…

Hard times for bureau de change operators

Funsho Balogun Two months ago, when the Bureau de Change operators in Nigeria really began…

US dollars flood Nigeria's parallel market, over $1billion floating

There is over $1billion of excess liquidity in Nigeria's parallel forex market, the main reason…

$1.2 billion Forex sale could not save the Naira

Nigeria's naira fell further on Wednesday to 230 to the dollar on the parallel market,…