Financial sector operators have predicted that the interbank foreign exchange rate and the parallel market exchange rate will converge at N375 per dollar, implying further appreciation...
The surplus supply of dollars has again jolted speculators and caused a further increase in value of the Naira as forex market closed on Friday without...
The naira on Thursday sustained its steady rise against all major currencies in the market, trading at N390 to a dollar as against the N400 it...
By Odunewu Segun Following the continued flooding of the FX market with dollar by the Central Bank of Nigeria in the last three weeks, the naira...
The Nigerian Naira on Wednesday, March 15, remained firm against the American Dollar at the black or parallel segment of the Nigerian foreign exchange market, it...
The Naira gained across all the foreign exchange segments on Monday following the additional sales of $170 million by the Central Bank of Nigeria (CBN) last...
as CBN continues to flood market There are indications that Money Deposit Banks are desperately looking out for legal means to expend excess dollars in their...
The naira on Wednesday depreciated sharply to N465 per dollar in the parallel market due to upsurge in demand for dollars importers travelling to China....
as CBN injects more funds in FX forwards market Nigeria’s local currency, the Naira gained about 5 points at the parallel market against the United States...
Nigeria’s local currency, the naira has further crashed to N458 to a dollar as against the N455 it traded on Thursday, March 1 The Naira...