The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDCs) has...
BY EMEKA EJERE Naira strengthened marginally against the U.S dollar at the official market on Wednesday, after the currency witnessed a marginal loss at the market...
BY EMEKA EJERE Amid a high inflation rate and rising unemployment figure not helped by productivity deficit, the naira has continued on the struggling lane to...
OBINNA EZUGWU The Bank of America has said Nigeria’s currency, the naira is overvalued by about 15 percent, and will likely depreciate to N430/$1 next year....
OBINNA EZUGWU Lagos based Pan-African rating agency, Agusto & Co, has disclosed that Nigeria has an estimated $7 billion of unmet dollar demand – with the...
The CBN governor committed to maintain stable naira rate in June 2019; he should explain what went wrong! By UCHE CHRIS When Mr Godwin Emefiele, the...
OBINNA EZUGWU The Central Bank of Nigeria (CBN) has ordered Bureau De Change operators in the country to sell dollars at the rate of N186 to...
OBINNA EZUGWU Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has directing banks and other authorised dealers to stop opening Forms ‘M’ whose payment are...
Adebayo Obajemu Nigeria’s exchange rate on Tuesday, August 18, during intraday trading at the NAFEX window fell marginally only to close at N385.98 . In a...