By FELIX OLOYEDE The nation’s dollars shortage crisis, which is one of the factors that has led to the depreciation of the naira and accelerated inflation,...
The shortage of dollar in Nigeria deepened, causing the Naira to depreciate further to N477/$ at the parallel foreign exchange market on Wednesday from N475 the...
Pressure continued to mount on the Naira at the Investors and Exporters (I&E) foreign exchange window, depreciating marginally on Friday. At the I&E forex window, the...
The naira depreciated at the Investors and Exporters (I&E) foreign exchange window as the country continues to grapple with dollar shortage. The local currency was devalued...
By FELIX OLOYEDE When Mr. Abiodun Oladapo, Chairman, Comtrade Group, first travelled abroad in 1987, he exchanged a dollar for N3.00, but if he was...
The naira was on unchanged at $/N474 at the black market on Wednesday as the Nigerian foreign exchange market continued to experience dollar shortage. The local...
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...