President Muhammadu Buhari has restated his aversion to devaluation, recalling that the naira was strong until he was removed as head of state in 1985. Speaking...
“My brother, e ku exchange rate oh.” “Excuse me?” “I am greeting you. I am saying how are you and the exchange rate palaver. The dollar...
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...
Ifeanyi Ubah, chairman of Capital Oil and Gas, says he has the business wherewithal to restore the naira to 200 against the dollar in one month...
The Nigerian naira on Thursday traded at 400 against the dollar, according to a section of Bureau De Change Operators compared to 385 traded Wednesday’s session;...
The naira on Wednesday depreciated further to N385 per dollar in the parallel market as demand for foreign exchange intensified in the market. The currency however...
The Nigerian naira fell to a record low on the black market on Tuesday, with dollars scarce and speculation rife that the central bank would soon...
Nigeria’s naira weakened to a record 345 to the dollar on the parallel market on Monday, increasing pressure on the government to devalue the official exchange...
The Nigerian stock exchange (NSE) was on the rise on Wednesday, as the naira fell to new record low of N318 to the dollar on the...
The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market. It previously exchanged between N305 and N307 to the dollar...
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,...