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Nigerian Central Bank sets new exchange rate for certain consumers
 
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Nigeria has set a new naira exchange rate for consumers with certain foreign expenses and stepped up dollar sales on the official market to narrow the spread with the black market. Analysts doubted whether the moves would draw investors back to the suffering economy. The regulator said Nigerians can now get the dollar at N360 across all commercial banks within the country. Nigeria is battling a currency crisis brought on by low oil prices. The prices have tipped its economy into a recession, hammered its dollar reserves and created chronic dollar shortages, frustrating businesses and individuals. The central bank, opposed to a free naira float, has been selling the U.S. currency on the official currency market to try to narrow the spread with the black market rate, which was at 390 last week, albeit down from 520 to the dollar a month ago.
Views: 1964 CGTN Africa
How much is dollar to naira in Nigeria black market today Feb 25, 2016
 
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This video gives the current exchange rate of the dollar to naira, the pounds to naira, and euro to naira, in Nigeria parallel or black market.
Views: 13241 UK Pool Banker
nigerian currency
 
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Views: 9602 Corona Schools
Nigeria's Black Market Money-Changers
 
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► Subscribe to BattaBox on YouTube: http://goo.gl/4dgy2r (Nigeria Forex) The best place to change money in Lagos is not the Forex Bureau or the bank - but the street corner with the Mallams where you can haggle for the best black-market rate and any currency: "I change all currency - I change Dollar, Pounds, Euro, Chinese currency, Dubai currency, all sorts of currency worldwide," says Mr Balai. Watch our report on Nigeria's best place to change money: (Nigeria Forex) Nigeria's Black-Market Money-Changers - how to change money in Nigeria: Officially, Nigerians are supposed to go to the bank to change foreign currency - especially due to the fear of scams and thieves taking your money. However, the 'black market' money-changers are to be found in most districts of Lagos, for example, at Allen Roundabout or along King's Way in Ikoyi. The reason, says the Mallams of our black-market Nigeria Forex, is simple: "If you buy at a bank, they will buy at a low price - but we buy higher and that is why people come to us," says Balai. "If you get $200 or $20, you no go go bank, you go come change am quick get your money," says Alhaji Yaya. "If you go to the bank you go waste time like 30 mins or 20 mins, here highest 5 mins or 1 minute you don go." Although most of the money changers are not educated from school, but when it comes to exchange rates, they are highly literate. But how do they keep up with the fast changing international rates of the global currencies such as the dollar..? "The prices comes from the CBN, the first thing in the morning is to know the prices before you start your transactions." explains Mr Balai. December is the busiest time as many Nigerians return from aboard - especially the US and UK - and bring with them plenty of foreign currency. Trust is an essential part of the transaction - any good money-changer will encourage you to count your money before you leave. But still problems remain, as Mr Balai explains: "Sometimes people come with fake money and sometimes you might not know until later after they've gone," he says. "But the honest people will come back." **** CLICK HERE TO SUBSCRIBE FOR NEW BATTABOX VIDEOS EVERYDAY: http://goo.gl/vJfFY ... YouTube: http://www.youtube.com/user/BattaBox ... Website: http://BattaBox.com ... Google+: http://www.google.com/+BattaBox ... Twitter: http://twitter.com/BattaBoxNigeria ... Facebook: http://www.facebook.com/BattaBox **** BattaBox is Nigeria's most exciting Nigeria News & Entertainment channel based in Lagos! We are the fact behind Nigerian Movies fiction, a few stories on Nigeria Forex, Nollywood in real-life and much more! **** Thank you for supporting BattaBox by clicking "Subscribe" and sharing the video with your friends with the buttons below! -- #BattaBox #BattaBoxNG #Nigeria #NigerianComedy #NigerianMusic #NigeriaFashion #NigerianNews #HowTo #Shocking
Views: 25839 BattaBox
Can 1 Naira ever become 1 US dollar again on the Forex market? | Legit TV
 
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One of the reasons Nigerians are lamenting about the state of the nation is that the forex is very expensive these days. Our correspondent therefore took to the streets of Lagos to ask Nigerians if they think 1 Naira can ever equal 1 Dollar again. What's your take? Subscribe to Legit TV for more political and celebrity news! https://goo.gl/WtN4Yv Current affairs - Nigeria News | Legit TV - https://bit.ly/2qZIi3V The latest Africa and Nigeria News on Legit TV! Daily current affairs and crime news. Issues of public concern and statements of opinion leaders. Political news, comments, and scandals. The views of experts and street interviews of ordinary citizens of Nigeria. Breaking news and updates. What's troubling people in Africa? And what news stories are the most discussed in Nigeria today? Save this playlist to be the first who gets the answers! Naija lifestyle | Legit TV - https://bit.ly/2qZNBzu This playlist contains videos under the heading “Naija LifeStyle”. Here you can find the latest Nigeria entertainment news. Do you like watching people answering tricky questions in the street interviews? Are you interested in gossip news? Do you want to know more about public and personal lives of Nigerian music artists, actors, and other famous people? Are you a music fan who wants to be the first to watch the newest music videos of Nigerian pop-stars and rock-bands? If at least one of your answers is “yes”, save this playlist and have fun! Special projects | Legit TV - https://bit.ly/2HwHUAj This playlist contains videos under the heading “Special projects” on Naij.com TV. Hilarious comedy videos about life in Nigeria. Nigerian opinions on politics. Overviews of big political conflicts and social problems that concern the society. Success stories of self-made men and women. Exclusive interviews with public figures and your favorite stars. And amazing life stories of unusual and talented Nigerians which can inspire you. Save this playlist to get interesting content every day! Nigeria Top List | Legit TV - https://bit.ly/2JwAP3s In this playlist, we've collected videos that can broaden your horizons. The team of Legit TV regularly chooses top 5 interesting facts on different topics related to Africa. What were the biggest Africa’s scandals of the year? Who are the best football players in Nigeria? What interesting facts should you know about the Igbo people? Do you have the answers to these questions? Watch our top lists to stay on top of Nigeria entertainment news and learn more about Africa and Africans! Star Chat | Legit TV - https://bit.ly/2JtOqbL Are you looking for the latest news about famous Nigerians? Do you want to become closer to your favorite Nigerian celebrities? Do you want to watch only the best interviews with your favorite stars? Whatever your idols are doing, you will find it in this playlist. Also, you can be the first to know hot gossips, always stay on top of the biggest celebrity scandals and details of their personal lives. Save this playlist and get access to all Nigerian showbiz and entertainment news you are interested in. Sports news | Legit TV - https://bit.ly/2FjHqvh Do you want to enjoy updates on international sports events and the most important sports news of Nigeria? Watching this playlist, you can get the best sports coverage. The Naij.com TV team is bringing you the latest Nigerian and international sports news, gossips, and interviews. Watch football highlights and reviews of premier league football matches. Be the first to know boxing news and fights results. And, of course, enjoy vox-pop interviews of other passionate sports fans. ___ Do you want to know more about Nigeria breaking news? Connect with Legit TV! Visit Legit TV Site: https://www.legit.ng/ Follow Legit TVon Twitter: https://twitter.com/naijcom Follow Legit TV on Facebook: https://www.facebook.com/naijcom/ Follow Legit TV on Instagram: https://www.instagram.com/naijcomnews/ Follow Social project Street Gist: https://goo.gl/Nn3QEd #LegitTV #naijcomtv #Legit #nigerianews
Views: 38089 Legit TV
Nigerian currency trading at 440 to the U.S. dollar
 
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The Nigerian Naira traded much lower on Monday in the unofficial black market at 440 to the green back. This comes as dollar shortages persist in the economy. Despite removing the peg and floating its currency in July, forex shortages continue to be a serious challenge. Deji Badmus looks at what is driving the rapid depreciation of the naira
Views: 1253 CGTN Africa
All countries currencies in indian rupees
 
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hi guys in this video i will show u the other countries money in indian rupees.subscribe for more videos
Views: 351979 All Types Of Videos
Nigeria Multiple Exchange Rates: Government struggles to harmonize forex rates
 
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Nigeria's Central Bank is facing the difficult task of harmonising the multiple foreign exchange rates in the country, some of which it ironically created. There are at least six exchange rates for various market segments in the country and the apex bank has been opening more windows in an attempt to bridge the gap between the official rate and that of the black market. CGTN's Deji Badmus explains the situation. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 212 CGTN Africa
How much is dollar to naira in Nigeria black market today March 4, 2016
 
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This video gives a summary of the current exchange rate in the Nigeria black market for today
Views: 5111 UK Pool Banker
Nigeria's Central Bank asked to unify the multiple exchange rates
 
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Exchange bureaus in Nigeria have asked the central bank to step up efforts to unify the country's multiple exchange rates to sustain gains in the local currency. Africa's biggest economy has at least six exchange rates. These include one for Muslim pilgrims going to Saudi Arabia, a retail rate set by licensed exchange bureaus, and a rate for foreign travel and school fees, in addition to the official and black market rates. Nigeria is battling a currency crisis brought on by low oil prices which tipped its economy into recession and created chronic dollar shortages. It wants to attract foreign investors and strengthen its currency to ward off inflation. The central bank has been intervening on the official market in the last few weeks to try to narrow the spread between rates on the official market and black market. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 653 CGTN Africa
Nigeria's currency falls to N350 per dollar in parallel market
 
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Earlier this week, Nigeria's Central Bank said it would set up a more "flexible" exchange rate policy, but so far the details of how it will be implemented, are not clear. On Thursday, the Central Bank told currency traders to submit bids for dollars at the current, fixed rate of 197 Naira to the Dollar.
Views: 1219 CGTN Africa
IMF urges Nigeria to adopt flexible exchange rates
 
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The Executive Board of the International Monetary Fund is urging Nigeria to introduce greater exchange rate flexibility and to begin unwinding currency restrictions. President Buhari and several ministers were in Washington as part of the Nuclear Security Summit and the Spring Meetings of the IMF and World Bank. The IMF is advising Nigeria on a whole range of economic measures, while predicting growth to decline further, to 2.3% in 2016. The Fund's Chief of Mission in Nigeria, Gene Leon has been speaking to our Washington Correspondent Daniel Ryntjes
Views: 272 CGTN Africa
Exchange Rate Episode 1
 
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Exchange rate is a comedy show that tries to find out how the present exchange rate in Nigeria is affecting Nigerian students both in diaspora and at home.
Views: 635 In Movement We Move
How much is Dollar, Pounds, Euro and Naira in black market for Jan 26, 2016
 
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This video gives the foreign exchange rate between the pounds and naira in the black market in Nigeria. it also gives the exchange rates of pounds, euros against the naira.
Views: 7998 UK Pool Banker
Currency of Nigeria by currency guru currencyguru
 
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Currency of Nigeria by currency guru currencyguru
Views: 281 currency guru
Currency Exchange Rate 18th Dec 2018
 
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Exchange rate of different currencies
Views: 52 BRT
Nigeria's foreign reserves climb rapidly, exchange rate stabilizes
 
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Nigeria's economy seems to be bouncing back. Foreign currency reserves are climbing rapidly and there is some stability in the foreign exchange market. Data from the latest Purchasing Managers Index also shows manufacturing is picking up. But, as Deji Badmus reports, some weaknesses remain. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 287 CGTN Africa
Nigeria's Central Bank embraces flexible foreign exchange rate regime
 
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Nigeria has adopted a flexible foreign exchange rate policy signalling a policy U-turn as the country teeters on the brink of a recession. The move is expected to boost exports and attract foreign currency to an economy badly hurting from the low global prices of oil. Central Bank Governor Godwin Emefiele said that details of the new rules would be published in coming days.
Views: 478 CGTN Africa
Price of Dollar to Naira in Nigeria Black Market
 
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This video gives the black market rates of the three major world currencies against the Naira.
Views: 1554 UK Pool Banker
10 Strongest Currency in Africa in 2017
 
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Most Valuable Strongest Currency In Africa 2017 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe to our YouTube channel : https://goo.gl/oHL7nB ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Description: Top 10 Highest Currency in Africa in 2017 Have you ever wondered what is the highest currency in Africa , you know the Strongest most valuable currency in Africa, those particular currency notes that gives you the more buying power in other countries. Well NaijaQuest has got your back on that , with the right answers. We would place the highest currency in Africa against the most used currency in the world { Dollars $ } and that of the most populouse country in Africa { Naira # } to know how they compare to the Naira and dollar. This article would centre on. 1. LIBYAN DINAR LYD Libya is known for it vast deposit of crude oil. Aside this, I guess you must have heard of their former ruler Gaddafi. But did you know that the currency of Libya, the Libyan Dinar is the strongest currency in Africa ? Yes, it is. One (1) Libyan Dinar is equals to NGN 223. When compared with the dollar, one dollar is equivalent to 1.4116 Libyan dinars. 2. TUNISIA DINAR TND The Tunisian Dinar comes in after the Libyan Dinar as the second most valuable currency in Africa. When compared to the Nigerian Naira, you will get NGN138 exchanged for one Tunisian Dinar. The exchange rate of this currency to the dollar, 1 US dollar is equivalent to 2.2814 Tunisian dinars. 3. GHANAIAN CEDIS GHS West African country, one of the closest neighbor to Nigeria. Ghana, with a growing and well managed economy, This has earned them third spot with the Ghanaian cedis has the their highest currency in Africa . Also, many years back, their situation could not even be compared to what is obtainable in Nigeria but as we have it today, some would even argue that they are better developed. One Ghanaian Cedis is equal to 79 Naira. Comparing it with the dollar, the currency is strong, it is approximately 4 Ghanaian cedis that’s one U.S dollar. 4. SUDANESE POUNDS SDG The Sudanese Pounds is the currency of Sudan, it is one of the highest currency in Africa. 6.4 Sudanese pounds is equal to one United States dollar. To the Nigerian Naira, a Sudanese pound equals 48 Naira. 5. MOROCCAN DIRHAM MAD This is one of the strongest currencies in Africa, one Moroccan Dirham equals 31 Naira. Also, 9.9 Moroccan Dirham is exchanged for one dollar. 6. BOTSWANA PULA BWP A Botswana Pula is worth NGN29. It is the currency of Botswana and have for sometimes now been a strong currency on the continent. 10.8 Botswana Pula is exchanged for one dollar. 7. SOUTH AFRICAN RAND ZAR The South African Rand is the currency of South Africa. This should have been up the ladder but the currency is gradually losing it value. Currently, one South African Rand is 22 Naira. Against the dollar, 14 South African Rand equals one dollars. 8. EGYPTIAN POUNDS EGP The Egyptian pounds is worth 20.29 Naira. It exchange rate to the United States dollar is 15.4 Egyptian pounds to 1 USD. 9. ERITREAN NAKFA ERN The Eritrean Nakfa is the currency of Eritrea, an island country of Africa. Former Edo State Governor Adams Oshiomhole’s wife is from here. Their currency is one of the currency that beats the Naira. The currency is worth 20.27 Naira. The exchange rate of this currency to the dollar is 15.5 Eritrean Nakfa equals one USD. 10. ZAMBIAN KWACHA ZMW Zambian Kwacha, currency of Zambia is also one of the highest currency in Africa . It is worth 0.059 Naira. Ironically, the 1 USD = 9.84 Zambian kwacha. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Our Social Media: ► Facebook: https://goo.gl/e6VnIE ► Twitter: https://goo.gl/7tT156 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ► For more videos and articles visit: https://www.youtube.com/user/MKROXTON/videos ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Music Used in This Video: ►https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA ►https://www.youtube.com/user/NoCopyrightSounds https://www.youtube.com/channel/UCsFyT4-A90rCWgcsVL_ICXQ ►Music: Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/b ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ► For copyright matters relating to our channel please contact us directly at :[email protected] ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Thanking all of the visitors for the likes,comments and shares for this video . Hirwa10™ Thanks for watching! ❤
Views: 16921 Hirwa 10
Nigerian Economy and Exchange Rate Down
 
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Black market on Nigerian currency
Views: 89 Kaka Ramos
New law to require the Nigerian central bank to fix exchange rates
 
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A Nigerian lawmaker is proposing a new currency law that would revert powers to set the exchange rate to the central bank. The bill would repeal the existing foreign-exchange legislation, where market rates are mutually agreed between counter-parties, and allow the regulator to decide those rates itself. The Bank may determine the basic exchange rate, rate of purchase and sale of foreign exchange and arbitrated exchange rate in foreign exchange transactions. If passed, the legislation would give the central bank freedom to defend the naira, which has tumbled 37 percent against the dollar since Central bank Governor, Godwin Emefiele, abandoned its peg in June. The draft has been through two readings in the Senate and will be put to a public hearing next year.
Views: 221 CGTN Africa
Nigeria Is Printing Its Currency Into Oblivion! - How This Is Bankrupting The Nigerian People
 
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Josh Sigurdson talks with author and economic analyst John Sneisen about the continued devaluation of the Nigerian Naira as the central bank prints more currency. The Nigerian central bank (CBN), complete with a pyramid on its roof is printing vast amounts of the Naira to fund its government. According to Quartz, "Between December 2013 and April 2017 for instance, the CBN’s “claims on the federal government” went from 678 billion naira to 6.5 trillion naira ($1.8 billion to $17.3 billion)—an almost 10-fold rise. These “claims” are made up of overdrafts, treasury bills, converted bonds and other such lending. For the most part, the issue has remained an obscure one that receives hardly any attention from local media. But then, a couple of weeks ago, the CBN finally published the personal statements of the Monetary Policy Committee (MPC) members from the July meeting [PDF] and suddenly the alarm bells started ringing. The personal statement of Dr. Doyin Salami, a well-regarded member of the MPC noted for his straight talking, said the CBN was providing a “piggy-bank” service to the federal government." The inflation rate currently sits at 16.01% which is massive. The country like many countries is largely oil dependent which is something we're seeing in Algeria, Venezuela and in the past Zimbabwe. At the moment, one Naira equals $0.0028 USD. We are watching nearly every country in the world print their currencies into oblivion. All fiat currencies eventually revert to their intrinsic values of zero. They always have and they always will. The constant quantitative easing is incredibly volatile and dangerous. A populace in debt is a populace in servitude. That's exactly where the state and central banking system wants people. We will continue to cover this issue. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson SPONSORED BY: Canam Bullion & Currency Exchange: https://canamcurrencyexchange.com/al1701a BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017 "Find the truth, be the change!"
Nigeria deregulates forex, exchange rates to be determined by market
 
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CBN Governor’s Speech on The New Forex Framework Re-introducing and Operationalizing Nigeria’s Flexible Exchange Rate Market by Godwin I. Emefiele, CON Governor, Central Bank of Nigeria Good afternoon ladies and gentlemen and welcome to the Central Bank of Nigeria (CBN). The Management of the Bank has called this Press Conference in response to one of the commitments contained in the Communiqué of the Monetary Policy Committee (MPC) of 24th May 2016. Having consulted widely and prepared carefully, the committee of Governors of the CBN is delighted to unveil to relevant stakeholders and the general public, the broad framework and guidelines of the Flexible Exchange Rate Inter-bank Market, which we alluded to at the end of that MPC Meeting. Before I proceed into the details of this new policy, please permit me to provide you with a brief context.
Views: 527 Oak TV
Nigerian government scraps fixed exchange rate in favor of floating rate
 
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Nigeria's Naira slumped 23 percent against the dollar on Monday after the central bank removed its currency peg to pursue a more liberal currency policy. The move was meant to put an end to chronic foreign currency shortages that have choked growth in Africa's biggest economy.
Views: 1249 CGTN Africa
My Foreign Currency Collection 2018 + Exchange Rates USD
 
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So here it is people. Part 1 of my currency collection. In this video I show you the foreign bank notes I've collected throughout the years. In the next video I will show you the coins that my wife and I have collected! Exchange rate to USD included. Foreign Bank Notes in this video: Bolivian Bolivianos, Brazilian Real, Canadian Dollar, Chinese Renminbi Yuan, Chinese Wu Jiao, Chinese Yi Yuan, Danish Krone, European Euro, Haitian Gourde, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indonesia Rupiah, Italian Lira, Jamaican Dollar, Japanese Yen, Mexican Peso, Mongolian Tögrög (Tugrik), Nigerian Naira, Swedish Krona, Philippine Piso, Polish Zloty, Singapore Dollar, South Korean Won, Norwegian Krone, Turkish Lira and the British Pound (United Kingdom) Pound. Social Media: ► Instagram: https://www.instagram.com/eliterb28/ ► Snapchat: www.snapchat.com/add/eliterb28
Views: 25547 The Angry Spud
Make money from the rising exchange rate
 
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Nigeria's exchange rate is N400 to $1. Its a problem that could be an opportunity. We explain how (with artistic illustration). Facebook: https://www.facebook.com/creatrsmedia/ Instagram: https://www.instagram.com/creatrsmedia/ Twitter: https://twitter.com/creatrsmedia eBay: http://www.ebay.com/ Sponsored by Olive: https://play.google.com/store/apps/details?id=com.oliveapplications.olive (Full Disclosure: We share founders) Intro Song: Independence Day by DoKashiteru (c) copyright 2009 Licensed under a Creative Commons Attribution Noncommercial (3.0) license.
Views: 114 Creatrs
Dollar to Naira black market rate for February, 2018
 
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Views: 774 UK Pool Banker
Use Calculator As a Live Currency Converter
 
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Use Windows Calculator for Live Currency Converter Facebook Page : https://www.facebook.com/MeMJTube Follow on twitter: https://twitter.com/mj1111983 Website : http://www.bsocialshine.com Afghan afghani, European euro, Albanian lek, Algerian dinar, United States dollar, Angolan kwanza, East Caribbean dollar, East Caribbean dollar, Argentine peso, Armenian dram, Aruban florin, Saint Helena pound, Australian dollar, Azerbaijan manat, Bahamian dollar, Bahraini dinar, Bangladeshi taka, Barbadian dollar, Belarusian ruble, Belize dollar, West African CFA franc, Bermudian dollar, Bhutanese ngultrum, Bolivian boliviano, Bosnia and Herzegovina convertible mark, Botswana pula, Brazilian real, Brunei dollar, Bulgarian lev, Burundi franc, Cape Verdean escudo, Cambodian riel, Central African CFA franc, Canadian dollar, Cayman Islands dollar, New Zealand dollar, Chilean peso, Chinese Yuan Renminbi, Australian dollar, Australian dollar, Colombian peso, Comorian franc, Congolese franc, Cook Islands dollar, Costa Rican colon, Croatian kuna, Cuban peso, Netherlands Antillean guilder, Czech koruna, Danish krone, Djiboutian franc, East Caribbean dollar, Dominican peso, Egyptian pound, Eritrean nakfa, Swazi lilangeni, Ethiopian birr, Falkland Islands pound, Faroese krona, Fijian dollar, CFP franc, Gambian dalasi, Georgian lari, Ghanaian cedi, Gibraltar pound, Danish krone, East Caribbean dollar, Guatemalan quetzal, Guernsey Pound, Guinean franc, Guyanese dollar, Haitian gourde, Honduran lempira, Hong Kong dollar, Hungarian forint, Icelandic krona, Indian rupee, Indonesian rupiah, SDR (Special Drawing Right), Iranian rial, Iraqi dinar, Manx pound, Israeli new shekel, Jamaican dollar, Japanese yen, Jersey pound, Jordanian dinar, Kazakhstani tenge, Kenyan shilling, Australian dollar, Kuwaiti dinar, Kyrgyzstani som, Lao kip, Lebanese pound, Lesotho loti, Liberian dollar, Libyan dinar, Swiss franc, Macanese pataca, Macedonian denar, Malagasy ariary, Malawian kwacha, Malaysian ringgit, Maldivian rufiyaa, Mauritanian ouguiya, Mauritian rupee, Mexican peso, Moldovan leu, Mongolian tugrik, East Caribbean dollar, Moroccan dirham, Mozambican metical, Myanmar kyat, Namibian dollar, Australian dollar, Nepalese rupee, CFP franc, New Zealand dollar, Nicaraguan cordoba, Nigerian naira, New Zealand dollar, Australian dollar, North Korean won, Norwegian krone, Omani rial, Pakistani rupee, Israeli new shekel, Papua New Guinean kina, Paraguayan guarani, Peruvian sol, Philippine peso, New Zealand dollar, Polish zloty, Qatari riyal, Romanian leu, Russian ruble, Rwandan franc, Saint Helena pound, East Caribbean dollar, East Caribbean dollar, East Caribbean dollar, Samoan tala, Sao Tome and Principe dobra, Saudi Arabian riyal, Serbian dinar, Seychellois rupee, Sierra Leonean leone, Singapore dollar, Netherlands Antillean guilder, Solomon Islands dollar, Somali shilling, South African rand, Pound sterling, South Korean won, South Sudanese pound, Sri Lankan rupee, Sudanese pound, Surinamese dollar, Norwegian krone, Swedish krona, Swiss franc, Syrian pound, New Taiwan dollar, Tajikistani somoni, Tanzanian shilling, Thai baht, New Zealand dollar, Tongan pa’anga, Trinidad and Tobago dollar, Pound sterling, Tunisian dinar, Turkish lira, Turkmen manat, Australian dollar, Ugandan shilling, Ukrainian hryvnia, UAE dirham, Pound sterling, Uruguayan peso, Uzbekistani som, Vanuatu vatu, Venezuelan bolivar, Vietnamese dong, CFP franc, Yemeni rial, Zambian kwacha, AFN, EUR, EUR, ALL, DZD, USD, EUR, AOA, XCD, XCD, ARS, AMD, AWG, SHP, AUD, EUR, AZN, BSD, BHD, BDT, BBD, BYN, EUR, BZD, XOF, BMD, BTN, BOB, USD, BAM, BWP, BRL, USD, USD, BND, BGN, XOF, BIF, CVE, KHR, XAF, CAD, USD, KYD, XAF, XAF, NZD, CLP, CNY, AUD, AUD, COP, KMF, CDF, XAF, none, CRC, XOF, HRK, CUP, ANG, EUR, CZK, DKK, DJF, XCD, DOP, USD, EGP, USD, XAF, ERN, EUR, SZL, ETB, FKP, none, FJD, EUR, EUR, EUR, XPF, XAF, GMD, GEL, EUR, GHS, GIP, EUR, DKK, XCD, EUR, USD, GTQ, GGP, GNF, XOF, GYD, HTG, HNL, HKD, HUF, ISK, INR, IDR, XDR, IRR, IQD, EUR, IMP, ILS, EUR, JMD, JPY, JEP, JOD, KZT, KES, AUD, EUR, KWD, KGS, LAK, EUR, LBP, LSL, LRD, LYD, CHF, EUR, EUR, MOP, MKD, MGA, MWK, MYR, MVR, XOF, EUR, USD, EUR, MRU, MUR, EUR, MXN, USD, MDL, EUR, MNT, EUR, XCD, MAD, MZN, MMK, NAD, AUD, NPR, EUR, XPF, NZD, NIO, XOF, NGN, NZD, AUD, USD, KPW, NOK, OMR, PKR, USD, ILS, USD, PGK, PYG, PEN, PHP, NZD, PLN, EUR, USD, QAR, EUR, RON, RUB, RWF, USD, EUR, SHP, XCD, XCD, EUR, EUR, XCD, WST, EUR, STN, SAR, XOF, RSD, SCR, SLL, SGD, USD, ANG, EUR, EUR, SBD, SOS, ZAR, GBP, KRW, SSP, EUR, LKR, SDG, SRD, NOK, SEK, CHF, SYP, TWD, TJS, TZS, THB, USD, XOF, NZD, TOP, TTD, GBP, TND, TRY, TMT, USD, AUD, UGX, UAH, AED, GBP, USD, UYU, USD, UZS, VUV, EUR, VEF, VND, USD, XPF, YER, ZMW,
Views: 3864 MJ Tube
Nigeria weakens currency further, yet to attract investors
 
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Nigeria has weakened its currency, the naira for investors but it may still struggle to attract dollars. Analysts say that the country must scrap its system of multiple exchange rates to reap from devaluation. Nigeria's Central Bank said on Monday it would allow investors to trade the naira at rates determined by the market in a move intended to improve the supply of dollars. But, it seems that only introduced yet another exchange rate. Nigeria already had five rates: the official rate, the black market rate, a rate for Muslim pilgrims going to Saudi Arabia, a retail rate set by licensed exchange bureaus and a rate for foreign school fees. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 246 CGTN Africa
Nigerien Currency - Naira
 
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"Want to know the currency in Nigeria? Visit http://currencyname.com/nigeria to learn more about Nigerien currency and the latest exchange rates. What currency to use in Nigeria? The Nigerien currency is the Naira. What is the symbol for Nigerien Naira? The Nigerien Naira symbol is ₦. What is the Nigerien currency ISO code? The ISO code for Nigerien currency is NGN. What are the frequently used notes in Nigeria? The Nigerien currency notes consist of 5, 10, 20, 50, 100, 200, 500, 1000 Naira. What are the frequently used coins in Nigeria? The Nigerien currency coins consist of 50 Kobo & 1, 2 Naira."
Views: 251 Currency Name
Professor Onwuliri – Nigeria Currency
 
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The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. The currency code for Nairas is NGN, and the currency symbol is ₦. Below, you'll find Nigerian Naira rates and a currency converter.https://www.linkedin.com/in/emekaonwuliri
Views: 124 emek liri
CBN Forex Policy: Nigerian Students In UK Lament Unstable Exchange Rates
 
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For more information log on to http://www.channelstv.com
Views: 547 Channels Television
FOREIGN EXCHANGE: NAIRA APPRECIATED TO N364.77/$ IN I&E WINDOW
 
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FOREIGN EXCHANGE: NAIRA APPRECIATED TO N364.77/$ IN I&E WINDOW
The Central Bank of Nigeria (CBN) Bans Foreign Currency
 
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The Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. This was contained in a statement signed by CBN Director of Corporate Communications, Mr Ugo Okoroafor, on Tuesday in Abuja. It said that the move was sequel to the Bank's withdrawal of the operating licence of 20 Bureaux de Change (BDCs). The CBN alleged that the BDCs purchased and sold huge sums of U.S. dollars with no documentation to show details of the transactions. The statement quoted the Deputy Governor, Economic Policy, Dr Sarah Alade, as saying that the CBN frowned at the existence of strong foreign exchange demand pressure from domestic sources. She said that the CBN had observed a surge in dollar cash importation by banks and the huge cash sales of the dollars to BDCs by the banks. She disclosed that the purchase and sale of the cash were not adequately documented by the BDCs. Alade said that if the trend was not contained, it could pose grave threats to the value of the naira as well as the Nigerian economy which had gradually become dollarised. She said the CBN Governor, Malam Sanusi Lamido Sanusi, and his team decided to take immediate action to safeguard the naira and ensure its stability in the face of the aforementioned challenges. Meanwhile, the CBN has also announced that the Retail Dutch Auction System (RDAS) would take effect from Oct. 2. This followed the suspension of the Wholesale Dutch Auction System (WDAS) at the official foreign exchange market. It said that the RDAS would allow only customers of deposit money banks to buy foreign exchange at the CBN through their banks. This is against the WDAS where the deposit money banks bought foreign exchange at the CBN on their own accounts and in turn sold to their customers. "The re-introduction of the RDAS is expected to prevent round tripping of foreign exchange purchased at the CBN official window to unauthorised channels. "Also, a circular has been issued mandating all deposit money banks to redeem all inward money transfers in naira to the recipients at the prevailing inter-bank foreign exchange rate. "This is in line with best practice,'' it said. The statement said that apex bank would continue to support the operations of BDCs in line with existing guidelines, adding that BDCs were still relevant in the foreign exchange market. "To guard against stifling the activities of the BDCs, the CBN has authorised all deposit money banks to deal at the official foreign exchange market rate. "It also warned that banks can only sell foreign exchange cash to BDCs subject to a maximum of 250,000 dollars per week per BDC. "The CBN also advised all BDCs to continue to comply with the conditions of their operating licences, including the proper rendition of returns with respect to the purchases and sales of foreign exchange.'' The statement said that the apex bank had assured members of the public of its commitment to maintaining price stability and the preservation of the value of the naira in accordance with its mandate.
Views: 2428 TheBelvietv
Investors in Nigeria seek clarity on new guidelines
 
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Investors in Nigeria are still anxiously waiting on the country's Central Bank to issue the guidelines on a flexible exchange rate regime it announced last month to ease the country forex crisis. Africa's largest economy has been battling to conserve its foreign reserves and reduce the pressure on its currency following a significant drop in government revenue because of low oil prices. Deji Badmus has this report.
Views: 972 CGTN Africa
IMF welcomes flexible forex policy by Nigeria's central bank
 
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The International Monetary Fund (IMF) has welcomed the Nigerian Central Bank's decision to abandon its currency peg for a more flexible exchange rate policy. The international money lender says the development is important to reduce fiscal and external imbalances. Nigeria's Central Bank earlier this week announced the introduction of a new system (from June 20) which will lead to a significant devaluation of the naira which for 6 months had been pegged at 197 to a dollar. #IMF welcomes #N… READ MORE : http://www.africanews.com/2016/06/17/imf-welcomes-flexible-forex-policy-by-nigeria-s-central-bank Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 234 africanews
Naira retains strength against Dollar, Pound and Euro
 
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- Naira maintains rate against Dollar, Pound and Euro at parallel market - The local currency closed at N362 to a Dollar, while the Pound and the Euro traded at N505 and N442, respectively The Nigerian Naira on Wednesday, May 2, maintained its appreciated rate at the parallel market against Dollar, Pound and Euro. According to NAIJ.com findings, the local currency maintained the same rates of N362 against Dollar, N505 per Pound rate and N442 per Euro as it closed on Tuesday, May 1. The Central Bank of Nigeria (CBN) continues to intervene in the interbank foreign exchange market, in line with its determination to sustain liquidity in the market and maintain stability. PAY ATTENTION: Read the news on Nigeria’s #1 new app At the Bureau De Change (BDC) window, the Naira exchanged at N362 to the dollar, while the Pound Sterling and the Euro closed N504 and N436, respectively. Trading at the investors’ window saw the Naira close at N360.67, while it closed at the CBN window N305.7. NAIJ.com previously reported that Naira on Monday, April 30, appreciated at the parallel market against Dollar, Pound and Euro. The currency strengthened to N362 per US dollar as against the N363 rate it was on Friday, April 27. Can N1 ever become $1 again at Forex Market? Watch Nigerians respond to this question on NAIJ.com TV.
Views: 63 ALY NEWS
OSG RANTS: TRACY RANTS ABOUT CURRENCY EXCHANGE RATE IN NIGERIA 2017 NEWS VIDEO HD
 
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Read more on www.olorisupergal.com Follow us on social media: @olorisupergal and @olorisupergaltv The online TV experience, digital way of life.
Views: 6 OLORISUPERGAL TV
Gap between official and black market exchange rate widens in Nigeria
 
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The Nigerian Naira seems to have so far defied all intervention moves from the country's monetary authorities as it continues on a decline especially in the unofficial parallel market. The gap between the official rate and the parallel market rate is at its widest ever. Many have called for the closure of the parallel market while others say another round of devaluation of the naira will do the trick. CGTN's Deji Badmus has been looking at the arguments.
Views: 531 CGTN Africa
Nigeria pilgrims get forex subsidy
 
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Nigeria's government has offered a reduced naira - dollar exchange rate to would-be pilgrims to Saudi Arabia this year. The Nigerian central bank directed banks and authorized forex dealers to sell the Pilgrims Travelling allowance at a rate of N197 to a dollar instead of the interbank rate of about N319 to a dollar. The move comes amidst the country's worsening economic crisis. Some 65,000 people are expected to benefit from the decision which was made last year before the currency was deval… READ MORE : http://www.africanews.com/2016/08/16/nigeria-pilgrims-get-forex-subsidy Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 40 africanews
Nigeria: Triumph Over Multiple Exchange Rates in Nigeria
 
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Nigeria: Triumph Over Multiple Exchange Rates in Nigeria By Bukola IdowuIn this article, BUKOLA IDOWU takes a look at the impacts of Central Bank of Nigeria (CBN's) unification of exchange rates and demands of Bureau de Change (BDCs) over the recent currency swap with China. The Central Bank of Nigeria (CBN) moved closer to realising its single exchange rate target by unifying dollar buying rates for banks and Bureau de Change (BDC) operators. The development has brought stability to the foreign exchange market and showed CBN's proactive approach to e... --------------------- DONT FORGET SUBSCRIBE FOR ME : https://www.youtube.com/channel/UCAcsBcJd8seojLO_4wot0-w?sub_confirmation=1
Views: 7 Eco News
Paypal exchange rate -save money on paypal fees
 
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Paypal exchange rate - save money on paypal fees https://www.dollarsellbd.net/ paypal exchange rate in nigeria. beware of paypal foreign currency exchange rates! paypal exchange conversion rate scam. using okchanger you can find the best exchange rates literattly at the click of a button. the monitor will match your query to the best exchange sites and sort them by exchange rate. and every one of them sets their own rate of exchange and constantly adjusts it. how can you find the best rate of exchange for e-money? exchange payeer for paypal at the best rate.
OIL'S IMPACT ON CURRENCY REGIMES
 
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https://cnb.com/global-perspectives This week crude oil fell to a four-year low, and while this is helping global growth in the foreign exchange market, it is shaking up the oil-exporting nations’ fixed exchange-rate regimes. In countries such as Saudi Arabia, Nigeria, Venezuela, and Russia, oil and gas accounts for 50% to 85% of exports. These countries have a quasi-pegged exchange-rate regime because they don’t want falling commodity prices to result in lost export revenues because of exchange rate fluctuations. But with the U.S. dollar rising as rapidly as it is right now, these countries are under increasing pressure to devalue their currencies. If they don’t, their central banks will have to keep on using up their foreign exchange reserves to sell U.S. dollars and buy up their own currencies as a defensive move. The Russian central bank was the first to throw in the towel this week, ending its system to peg the ruble to the U.S. dollar and euro. This is because the central bank has spent over $55 billion from its reserves to shore up its currency, only for the ruble to lose 40% of its value since July. The central bank still has sufficient reserves but there was no point in throwing more money at the problem with so little to show for it. Nigeria’s foreign exchange reserves also hit a four-month low this week, as its central bank worked to defend its currency, the naira. Nigeria has a tighter fixed-rate regime, but even so, the naira has fallen by about 6% since July and the market has already priced in a 17% devaluation of this currency after Nigeria’s presidential election in February. Saudi Arabia, by far the largest oil exporter in the world, has had its riyal firmly pegged at 3.75 to the dollar since the 1980s. Even this rock-solid rate has recently been challenged by the market. My View: Fixed exchange rates should reflect long-term equilibrium levels if they are to remain stable. The fact that these oil-exporting nations are struggling to maintain their peg suggests that oil prices may remain low for a longer period. But it also means that in today’s world, one country’s central bank can no longer handle the huge amount of capital flows if their currency is too overvalued.
Views: 848 City National Bank
Nigeria markets record highest gain in 19 weeks over flexible currency
 
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Nigerian markets embraced the Tuesday central bank decision to adopt a flexible exchange rate regime for the naira. The stock market recorded the highest rise in over 19 weeks while bonds also headed up on hopes that the policy would boost dollar supply and attract investors.CCTV's Kelechi Emekalam with the story
Views: 571 CGTN Africa
Exchange Rate Of The Naira
 
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Despite the Central Bank Of Nigeria stopping the sale of foreign exchange to Bureau De Change operators in the country, the Naira has continued to depreciate. Watch all the latest stories making headlines on Silverbird Television at the comfort of your mobile device, tablet or PC. Click www.silverbirdtv.com/live to watch live Silverbird Television is the leading entertainment Television station in Nigeria, providing its audience with up to date News, sports, entertainment programmes. SilverbirdTV through it's Dream Network (Lagos, Awka, Jos, Abuja, Port Harcourt and their environs) provides its audience with it's popular TV breakfast show "Today on STV", current affairs, Top notch TV shows, Nigerian/Nollywood Movies, Nigerian News, African News, World News etc. Silverbird Television is part of the Silverbird Group, a diversified multi-media company with holdings in Radio, Television, Real Estate, and Cinemas owned by Mr. Ben Murray-Bruce. Silverbird's Most Beautiful Girl in Nigeria (MBGN) brand produced the first and only black African Miss World in 2001, Agbani Dorego. STV's entertainment programmes features Nigerian artistes such as Don Jazzy, Tiwa Savage, Davido, Wizkid, Banky W, Flavour, P Square, Yemi Alade, Olamide amongst others. STV can be watched live at www.silverbirdtv.com
Views: 1029 Silverbird Television

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