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...
The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. The local currency fell to...
The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier exchanged to...
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...
by Fredrick Nwabufo Bigotry. We are big on it. To inflame passions and to smoke out the most reticent of Nigerians, flagellate the tempers of religion...
The naira strengthened to N440 to a dollar at the parallel market on Tuesday, compared with the N465 to a dollar it was the previous day....
The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN) announced that it would resume dollar...
Nigeria’s 5 years onshore Non-Deliverable forward contract posted its biggest drop by plunging 27% from N413.36 to close at N569.69 a price differential of N156. The 1-year Non-Deliverable forward contract was...
The Naira appreciated against the dollar by exchanging at N383 to the dollar, stronger than N385 posted at the last trading session. This was the first...
The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country must not sell dollars higher than N380 to end users....