By FELIX OLOYEDE The efforts of the Central Bank of Nigerian to unify the country’s exchange rate seem not to be yielding desired results as naira...
By ADEBAYO OBAJEMU The exchange rate at the parallel market was stable for the second consecutive day as it closed at N472/$1 on Wednesday, July 22,...
By FELIX OLOYEDE Portfolio investors in Nigeria are having a hard time repatriating their funds due to the paucity of a dollar in the country caused...
The naira further depreciated to N470/$ on Wednesday from N465/$ in the previous day in the parallel segment of the foreign exchange market. There has been...
By FELIX OLOYEDE Portfolio investors in Nigeria are having hard time repatriating their funds due to the paucity of dollar in the country, caused by the...
The naira depreciated from N460.50/$ to N461.50/$ at the parallel foreign exchange market on Thursday. The Investors and Exporters (I&E) FX window opened at N387.32, traded...
The Naira depreciated 5.54 per cent at the official window on Tuesday closed at 381.00/$1 as the Central Bank of Nigeria (CBN) attempts to unify the...
Naira weakened 0.16 per cent to N386.63/$1 at the Investors and Exporters (I&E) Foreign Exchange window on Wednesday as liquidity remained low. It opened at N386.00,...
Pressure continued to mount on the naira as it weakened 0.44 per cent to N460 against the dollar at the parallel foreign exchange market on Tuesday,...