BY EMEKA EJERE Days of intense clampdown on currency dealers by officials of the Economic and Financial Crimes Commission (EFCC), may have started yielding complementary fruit...
The Nigerian naira on Monday, depreciated to N815 per dollar. According to Bureaux De Change (BDC) operators the naira was falling rapidly against the greenback amid...
The naira, on Thursday, dropped to a record low at the black market, trading at a minimum of N730/$1, a 0.69 percent drop from the previous...
The naira, on Monday, appreciated to N695 against the US dollar at the parallel section of the foreign exchange market, according to data from Aboki Forex....
BY EMEKA EJERE A record slide in the value of the naira to N710/$1, with little or no likelihood of improvement anytime soon has left analysts...
The Senate said on Wednesday that it would summon Mr. Godwin Emefiele, governor of the Central Bank of Nigeria, over inflation and naira devaluation which it...
The naira slid down to a new low on Wednesday, exchanging at N710 against the US dollar on exchange platform Aboki Forex. Aboki Forex is a...
BY EMEKA EJERE Huge capital flight arising from the spate of divestments by the international oil companies (IOCs) from the Nigerian oil and gas sector is...
The Nigerian naira depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market on Tuesday, exchanging from N607 to the dollar....