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  1. Nairatoday.com
    https://nairatoday.com › black-market-usd-ngn

    Dollar (USD) to Naira Black Market Rate Today February 4, 2025 …

    • The Second-Tier Foreign Exchange Market (SFEM) is a product of the IMF which was presented to former President Ibrahim Babaginda’s regime. The then administration had no choice rather than to … See more

    President Sani Abacha

    Late President Sani Abacha held the Naira with an iron grip for a period of five years. The Naira was exchanged at 22 naira for $1 officially. At that time the regime introduced … See more

    Nairatoday.com
    Joseph Sanusi

    After the military boys left government and handed over to a Democratically elected government, Joseph Sanusi was appointed CBN governor, he quickly introduced the Interbank F… See more

    Nairatoday.com
    Chukwuma Soludo (2004-2009) and The Oil Boom

    The Nigeria economy started to boom again, this time oil price rose steadily from just $30 per barrel to $140 per barrel. Subsequently the government miraculously obtained a … See more

    Nairatoday.com
    Sanusi Lamido Sanusi

    Recalled that Soludo banned the Interbank and WDAS markets? Yes he did but this time all these were reversed by Sanusi Lamido Sanusi when oil prices went up again. The … See more

    Nairatoday.com
    Why has the naira appreciated further against the dollar?
    The Naira has appreciated further against the Dollar at the parallel foreign exchange market. This comes as the Naira recorded the biggest gain against the dollar at the black market on Thursday on a week-on-week basis.
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    Table of Contents
    President Sani Abacha
    Joseph Sanusi
    Chukwuma Soludo (2004-2009) and The Oil Boom
    Sanusi Lamido Sanusi
    Why has the naira appreciated further against the dollar?
     
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