Adebayo Obajemu The Exchange rate at the parallel market has remained stable ending at N472/$1 on Tuesday, July 21, 2020. At the officially recognized NAFEX market,...
Adebayo Obajemu The exchange rate at the parallel market was very stable closing at N470/$1 on Thursday. Meanwhile, at the NAFEX market, the forex turnover jumped significantly...
Adebayo Obajemu There was stability at the parallel market Monday as the exchange rate remained stable closing at N460/$1. However, on the officially recognized NAFEX Market, the...
Adebayo Obajemu This is depressing news to the economy as the black market rate has plummeted for the naira, a reincarnation of the experience of the...
Adebayo Obajemu Business Hallmark has gathered that Central Bank has informed bidders at its Secondary Market Intervention Sales (SMIS) to increase their bidding price to N380/$1...
Adebayo Obajemu It was another low yesterday as Forex turnover at the Investor and Exporters (I&E) window continued with its downward dip on Wednesday, July 1, 2020, as...
Adebayo Obajemu The Nigerian naira was quoted atN578.37 to $1 at the currency futures market on Wednesday,just off a record low of N584.11 recorded last week...
Adebayo Obajemu The impact of Coronavirus continue to be felt in the financial sector as dollar shortfall is being felt owing to lockdown. On Thursday, the...
By OBINNA EZUGWU The statement issued by the Central Bank of Nigeria (CBN) on Thursday, assuring that there won’t be devaluation of the naira appears to...