By FELIX OLOYEDE The pressure continued to mount of the Naira at the parallel foreign exchange market as depreciated by 0.64% to N475 against the Dollar...
By FELIX OLOYEDE The liberalization of diaspora foreign exchange remittances in the country will help strengthen the Naira, economic experts have said. Since the Central Bank...
…importers, manufacturers cry out By FELIX OLOYEDE The steep drop in the value of the Naira last week has triggered serious concern in the country as...
Naira depreciated sharply at the parallel foreign exchange market on Thursday as the backlog of unmet demand soared. A dollar was sold for N495 compared with...
BY EMEKA EJERE Nigeria’s local currency, the naira, weakened to 470 against the United States dollar in the parallel market on Friday despite the interventions of...
Despite the intervention of the Central Bank of Nigeria (CBN) in the foreign exchange this week, the Naira was devalued to ₦467/US$1 in the parallel market...
The Naira depreciated to ₦460/US$1 on Tuesday at the parallel foreign exchange rate from ₦455/US$1 it traded on Monday. Meanwhile, at Investors and Exporters (I&E) window the local...
The Naira lost N2 to exchange N445 against the Dollar at the parallel forex market on Wednesday as the country continued to struggle with dollar scarcity....
Following the Central of Nigeria (CBN) announcement that it would resume the sales of dollar to bureau de change operator from September 7, Naira strengthened 7.37%...