By Odunewu Segun The naira has further firmed to the dollar, trading for N281.72 in the early hours of today as against N284 .83 it recorded...
By Odunewu Segun Following the removal of pegged rate by the Central Bank of Nigeria, naira has gained more points against the dollar at the new...
By Odunewu Segun The naira has slumped 30 per cent against the dollar on Monday after the Central Bank of Nigeria officially removed its currency peg...
…implication for Nigerian banks By ODUNEWU SEGUN WITH the decision of the Central Bank of Nigeria to abandon the currency peg and chose officially float the...
Ahead of Monday’s launch of a foreign exchange interbank trading window in Nigeria, the local currency gained against the dollar as dealers anticipate supply glut in...
By Odunewu Segun The naira fell to 361 against the United States dollar at the parallel market on Tuesday, as traders and investors continued to await...
Nigeria’s naira extended its losses against the greenback at the parallel market yesterday, exchanging for at N357 for a dollar as against N350 it traded on...
• Letter of credit now at $500 million • Bank liquidity to decrease further By ODUNEWU SEGUN NIGERIA’S overnight interbank lending rate rose week-on-week to an...
…bank rates surge by 2.9% The naira has dropped further to 313.5 against the United States dollar at the parallel market on Wednesday as shortage of...
Naira continues its depreciation against the dollar as it fell by 1.5 per cent to a new low of N265 to the United States dollar on...
