BY EMEKA EJERE Nigeria’s local currency, the naira, weakened to 470 against the United States dollar in the parallel market on Friday despite the interventions of...
By FELIX OLOYEDE The Central Bank of Nigeria (CBN) has put machinery in place to alleviate the impact the looming recession would have on the economy...
Despite the intervention of the Central Bank of Nigeria (CBN) in the foreign exchange this week, the Naira was devalued to ₦467/US$1 in the parallel market...
The Naira depreciated to ₦460/US$1 on Tuesday at the parallel foreign exchange rate from ₦455/US$1 it traded on Monday. Meanwhile, at Investors and Exporters (I&E) window the local...
The Naira depreciated 0.05 per cent to N386.17 at the Investors and Exporters (I&E) foreign exchange window, having opened at N386.17, traded high at N386.50. A...
Following the Central of Nigeria (CBN) announcement that it would resume the sales of dollar to bureau de change operator from September 7, Naira strengthened 7.37%...
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 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...