The Naira on Tuesday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67. The figure represented a decrease of 0.16 per cent...
“It might sound counterintuitive but the way out of the current frenzy is to abolish the official fixed exchange rate and allow the Naira to float.”
The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to speculative activities of some players in the foreign exchange market. Mr Osita Nwanisobi,...
The Nigerian Senate has projected the exchange rate of the dollar to naira to end at N1000 by end of the year based on the current...
The Naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than N418 it...
The Naira exchanged at 417.30 to the dollar at the Investors and Exporters window on Monday, representing a -0.25 per cent appreciation, compared to N418.33 to...
The Naira exchanged at N419.50 to the dollar at the Investors and Exporters window on Thursday. This represents a 0.28 per cent depreciation, compared to N418.33...
Nigerians are reacting angrily after a House of Representatives member, Ibrahim Babajide Obanikoro advised the Central Bank of Nigeria (CBN) to shut down domiciliary accounts bearing...
The Naira on Thursday dipped further at the parallel market in Lagos against the dollar. It lost N6 from N562 traded on Wednesday to exchange at...
A syndicate of seven men and one woman have been arrested by the Department of State Service (DSS) for allegedly printing fake N98 million notes and...
Amid a rise in demand for the dollar, the naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market...
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017,...
