Nigerian banks reject cash deposit of foreign currencies

<img alt="Nigerian banks reject cash deposit of foreign currencies" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWeZfN23qadWQFRvlIZJ37ywCzEpoMW9Zp2_osvrzMlrw_gZHpW0EQBRQSiWUOKrf5aUpnZpP-YOg-A9tBNIojQaH6EAzuQ2lIz08TzwgUSU5Ieg5Keo-x6HcqjPuiJzaoTBjwozvni5Y/s400/Dollars-009.jpg" title="Nigerian banks reject cash deposit of foreign currencies"><br> The United States dollar will further tumble against the naira at the parallel market this week as Deposit Money Banks continue to reject cash deposit of foreign currencies into customers’ domiciliary accounts.<br>

Nigerian banks reject cash deposit of foreign currencies

The United States dollar will further tumble against the naira at the parallel market this week as Deposit Money Banks continue to reject c...

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Naira Further Drops to ₦230 against 1 Dollar

<img height="265" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl0t5ALpdCcEMt4j278B1wr7EiajgVmDhd1lxRepfNOBgE9ibm50l1z1yb2XkzHR1RWVP7rwnUbQPe-1gStEdQNdWzxJ1iOBvPkrFDw73JY3hSNYcoe_JHnADnztuo4Yt55N5xwmi5H10/s640/dollar+to+naira.jpg" width="640"><br> Barely 10 days after the CBN stopped forex sale to importers of rice, textile and 39 other items, the naira on Wednesday crashed to 230 against the United States dollar at the parallel market, down from 218 recorded on June 23 when the new forex rule was introduced.<br> <br>

Naira Further Drops to ₦230 against 1 Dollar

Barely 10 days after the CBN stopped forex sale to importers of rice, textile and 39 other items, the naira on Wednesday crashed to 230 aga...

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Dollar Drops, See new Exchange rate in Naira

<h3> Dollar Drops, See new Exchange rate in Naira</h3> Dollar Naira exchange rate is now  $1 to N185 at the parallel market. Bureau De Change operators attributed its fall to the release of Dollars by hoarders who had stored it pending the outcome of the presidential elections.<br>

Dollar Drops, See new Exchange rate in Naira

Dollar Drops, See new Exchange rate in Naira Dollar Naira exchange rate is now  $1 to N185 at the parallel market. Bureau De Change operat...

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Naira gains 7%, now N211 to a dollar as there has been Low demand for Dollars after Election

<div class="separator" style="clear: both; text-align: center;"> </div> <h3> Naira gains 7%, now N211 to a dollar as there has been Low demand for Dollars after Election</h3> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3526hM_DNS-rB8ocFWHOMrCn4Mr4GJpi6pXF7CFKNN7xQfKEyRdG5L0JrdFC9jgM1zX5lhVeE3_7sgU7B-RqokdGCYIlzlCluJVtK4GrsSt-BjRNrg27f3Oc3jNT8-sSBkJwKeiKZuSZT/s1600/naira_notes.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="250" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3526hM_DNS-rB8ocFWHOMrCn4Mr4GJpi6pXF7CFKNN7xQfKEyRdG5L0JrdFC9jgM1zX5lhVeE3_7sgU7B-RqokdGCYIlzlCluJVtK4GrsSt-BjRNrg27f3Oc3jNT8-sSBkJwKeiKZuSZT/s1600/naira_notes.jpg" width="400"></a></div> The Naira which sold for 228 against the dollar before the election, rose to 211 on Wednesday. The Acting President, Association of Bureau de Change Operators of Nigeria, Alhaji Aminu Gwadabe, said he expected the naira to rise further. He said,<br>

Naira gains 7%, now N211 to a dollar as there has been Low demand for Dollars after Election

Naira gains 7%, now N211 to a dollar as there has been Low demand for Dollars after Election The Naira which sold for 228 against the ...

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