The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains on the parallel market as it...
The decision by the Central Bank of Nigeria (CBN) to redesign higher denominations of the Naira, the country’s currency, has significantly increased demand on the foreign exchange...
Since the Central Bank of Nigeria (CBN) prohibited the sale of dollars to bureau de changes (BDCs), the black market value of the dollar against the...
The Nigerian currency, the naira hit a record low on Thursday at the parallel section of the foreign exchange (FX) market, as it dropped to 742...
The naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k. The rate represented a 0.04 per...
The Naira remained constant on Thursday exchanging at N429.38 to the dollar at the Investors and Exporters window of the CBN. It remained unchanged as at...
The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value of the Naira...
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN’s) Monetary Policy Committee to focus on policy decisions that would curb rising...
The Association of Bureau De Change Operators of Nigeria (ABCON) on Tuesday said it was celebrating four years of sustained exchange rate stability in the market...
