The decision of the Central Bank to Nigeria (CBN) to resume dollar sales to bureau de change operators seemed to be paying off as the Naira...
Following the announcement that Central Bank of Nigerian will inject more liquidity into the foreign exchange market through the resumption of dollar sales to the bureau...
The Naira strengthened 0.06 per cent against the Dollar to N385.75 at the Investors and Exporters (I&E) Foreign Exchange window on Thursday. It had opened at...
By FELIX OLOYEDE The nation’s dollars shortage crisis, which is one of the factors that has led to the depreciation of the naira and accelerated inflation,...
The shortage of dollar in Nigeria deepened, causing the Naira to depreciate further to N477/$ at the parallel foreign exchange market on Wednesday from N475 the...
Pressure continued to mount on the Naira at the Investors and Exporters (I&E) foreign exchange window, depreciating marginally on Friday. At the I&E forex window, the...
The naira depreciated at the Investors and Exporters (I&E) foreign exchange window as the country continues to grapple with dollar shortage. The local currency was devalued...
By FELIX OLOYEDE When Mr. Abiodun Oladapo, Chairman, Comtrade Group, first travelled abroad in 1987, he exchanged a dollar for N3.00, but if he was...
The naira was on unchanged at $/N474 at the black market on Wednesday as the Nigerian foreign exchange market continued to experience dollar shortage. The local...