CBN devalues naira to N380/$ at BDC segment Expect more depreciation, say, analysts By FELIX OLOYEDE The vagueness surrounding the coronavirus pandemic which has crippled many...
The Central Bank of Nigeria (CBN) has instructed bureau de change (BDC) operators in the country to review the foreign exchange upwards to N380 against the...
The naira weakened by N3.78 against the dollar to close at N377.78/$ at the Investors and Exporters (I&E) foreign exchange window on Monday. Investors transacted a...
By FELIX OLOYEDE In a move aimed at averting an economic crisis in the country brought about by the coronavirus pandemic ravaging the world economy, the...
Despite the global Coronavirus pandemic, Naira appreciated 0.02 per cent to N307.00 against the Dollar as the country’s foreign reserves has declined -3.39 per cent to...
As crude oil continues to tumble due to the Coronavirus epidemic, the Naira depreciated 0.07 per cent to N365.63/$ at the Investors and Exporters (I&E) foreign...
…as CBN adopts strategies to curtail slide By JULIUS ALAGBE The continuing slide in the level of the country’s foreign reserves is raising fresh anxiety over...
The Naira lost N0.50 against the Dollar at the parallel market on Tuesday to close at N358.50/$, while the transfer rate remained unchanged to close at...
The Naira weakened 0.09 per cent to N364.90 against the Dollar at the Investors and Exporters (I&E) foreign exchange window despite the Central Bank of Nigeria...