The Central Bank of Nigeria (CBN) says it will commence the immediate refund of capital deposits and licensing fees (where applicable) to promoters who have pending...
The Central Bank of Nigeria on Monday introduced new Forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as...
Worried by the continued widening gap between the inter-bank foreign exchange and parallel market rates, the National Economic Council, NEC, on Thursday demanded the immediate review...
The Naira on Thursday weakened to N500 to a dollar at the parallel market after appreciating to N490 to a dollar on Wednesday. A Trip to Zone...
The Naira on Friday depreciated in most major segments of the foreign exchange market. The Nigerian currency fell by N2.24 to exchange at N308.69 to the...
The sharp depreciation of the naira in the parallel market triggered by the deregulation of petrol importation continued yesterday, with the naira depreciating to N370 per...
The naira firmed again yesterday to trade at N340 against the US dollar at the parallel market from N370 on Monday, but traders differ on reasons...
President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people will derive any tangible benefit from...
The naira, Wednesday, depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar, Tuesday,...
The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad for summer holidays and importers, traders...