By Odunewu Segun Nigeria’s local currency, the Naira on Wednesday, March 1, took a plunge at the parallel segment of the foreign exchange market, dropping to...
By Odunewu Segun The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to...
The Central Bank of Nigeria (CBN) has restated its commitment to exchange rate stability. The Naira at the weekend sustained its gains against the dollar as...
By Odunewu Segun A financial expert has admitted that a complete currency float was capable of unifying rates and reducing round tripping and speculative activities...
By Odunewu Segun Following the intervention of the Central Bank of Nigeria in the foreign exchange market by selling $411.8 million dollars for visible and invisible...
The naira tumbled to 520 against the United States dollar at the parallel market on Monday as scarcity of the greenback continued to keep the exchange...
By Odunewu Segun Association of Bureau De Change Operators of Nigeria has urges its members to help stabilize the naira which was earlier today quoted at...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
By Odunewu Segun The naira was earlier today, Tuesday 31, quoted as low as 499 to the dollar on the black market on percent weaker than...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
