Dollar and Naira – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Thu, 19 Oct 2023 22:08:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Dollar and Naira – InfoStride News https://www.theinfostride.com 32 32 Manufacturers Warn: CBN Forex Policy Endangers Industry https://www.theinfostride.com/manufacturers-warn-cbn-forex-policy-endangers-industry/ https://www.theinfostride.com/manufacturers-warn-cbn-forex-policy-endangers-industry/#respond Thu, 19 Oct 2023 22:08:37 +0000 https://www.theinfostride.com/?p=357677 The recent directive by the Central Bank of Nigeria (CBN) to remove restrictions on access to 43 import items has sparked concerns among stakeholders, especially in the manufacturing sector. Mr. Lekan Adewoye, the Vice Chairman of the Basic Metal Sector of the Manufacturers Association of Nigeria (MAN), has expressed his apprehension about the potential impact [...]

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]]> https://www.theinfostride.com/manufacturers-warn-cbn-forex-policy-endangers-industry/feed/ 0 Official exchange rate at N790.68, black market gap widens to 28% https://www.theinfostride.com/official-exchange-rate-at-n790-68-black-market-gap-widens-to-28/ https://www.theinfostride.com/official-exchange-rate-at-n790-68-black-market-gap-widens-to-28/#respond Wed, 18 Oct 2023 22:57:22 +0000 https://www.theinfostride.com/?p=357537 The exchange rate between the Nigerian naira and the United States dollar demonstrated some signs of strength as it closed at N790.68 at the end of trading on Wednesday, October 18, 2023. This significant development comes as a result of data sourced from FMDQ, which is a prominent platform for foreign exchange trading and the [...]

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