Dollar rate – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 15 May 2024 22:16:49 +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 rate – InfoStride News https://www.theinfostride.com 32 32 EFCC’s Blitz: Naira Dives to 1,520/$, Prompting Raids on Speculators https://www.theinfostride.com/efccs-blitz-naira-dives-to-1520-prompting-raids-on-speculators/ https://www.theinfostride.com/efccs-blitz-naira-dives-to-1520-prompting-raids-on-speculators/#respond Wed, 15 May 2024 22:16:49 +0000 https://www.theinfostride.com/?p=378054 The Economic Financial Crimes Commission (EFCC) recently intensified its crackdown on Bureau De Change (BDC) operators across several states in Nigeria, including Abuja, Lagos, Kano, and Port Harcourt. These raids occurred amidst a further weakening of the naira against the United States dollar in both the official and parallel foreign exchange markets. The Nigerian government [...]

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]]> https://www.theinfostride.com/efccs-blitz-naira-dives-to-1520-prompting-raids-on-speculators/feed/ 0 CBN Provides BDCs with $10,000 at N1,251/$1 Exchange Rate https://www.theinfostride.com/cbn-provides-bdcs-with-10000-at-n1251-1-exchange-rate/ https://www.theinfostride.com/cbn-provides-bdcs-with-10000-at-n1251-1-exchange-rate/#respond Mon, 25 Mar 2024 18:00:45 +0000 https://www.theinfostride.com/?p=374131 The Central Bank of Nigeria (CBN) has provided Bureau De Change (BDCs) operators with $10,000 each at an exchange rate of N1,251 per United States dollar. This information was disclosed in a circular signed by Hassan Mahmud, the Director of the CBN’s Trade and Exchange Department. The circular instructed BDCs to offer dollars to qualified [...]

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