Saturday, September 23, 2017
Tags Posts tagged with "Foreign Exchange"

Tag: Foreign Exchange

Naira extends losing streak against Dollar

By Odunewu Segun Naira continues with its dwindling value against the Dollar in the foreign exchange market, dropping further to N369/$1 amidst dwindling supply of...

Inflation rate drops further as CBN sustains FX intervention

The National Bureau of Statistics has on Friday released the Consumer Price Index report which showed that inflation rate dropped from 16.05 per cent...

Devaluing Naira by stealth

Despite President Muhammadu Buhari’s strong insistence that his administration would not devalue the Naira, the opening of special Investors & Exporters’ (I&E) foreign exchange...

Naira remains stagnant against Dollar

  The naira closed at 365 per United States dollar at the parallel market on Wednesday, the same rate it closed on Tuesday. This was despite...

Why international airlines in Nigeria increased airfares

International Airlines operating in Nigeria have increased their air fares following the instruction from IATA, the global body for airlines in the world. According...

Naira soars at parallel market as NSE index drops

The Nigerian local currency soared higher at the parallel segment of the Nigerian Foreign exchange market, exchanging for N363 to a Dollar. Against the British...

Naira, Euro slump against Dollar

By Odunewu Segun Both the Naira and Euro slumped further against the dollar. While the local currency slumped against Dollar, dropping two points to exchange...

Naira closes flat as Dollar slumps further against peers

By Odunewu Segun The Nigerian Naira, at the weekend, surged at the parallel segment of the Nigerian Foreign Exchange market, exchanging flat at N367/$. Against the...

FX turnover surges to $712.03m at investors, exporters’ window

  Nigeria’s Foreign exchange daily turnover rose to $712.03 million at the investors and exporters window. This shows 747.86 percent increase over the level of...

Naira static at N367/$ as Dollar slides against major currencies

The Naira remained static at N367/$ at the parallel market as activities kicked off for the new week at the parallel segment of the...
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