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...
By CHIOMA OBINAGWAM THE recent announcement of a new Foreign Exchange(Forex) policy by the Central Bank of Nigeria(CBN), Nigeria’s apex bank, has stirred up reactions among...
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...
The new guidelines released by the Central Bank of Nigeria on Wednesday to ease forex pressure in the country may help assuaged the petroleum crisis...
Financial experts in the country have predicted this week as likely for the announcement of details of the new flexible exchange rate regime promised by the...
The naira slides to N367 to a dollar in the parallel market on Monday, from N365 recorded last Friday National Daily gathered that this latest slide...
By DANLADI BATURE ECONOMY analysts in the country have forecasted a rising inflation rates of 14% from the present level of 13%. And this rate, according...
By Odunewu Segun The delay in announcing further details of the flexible exchange rates promised by the Central Bank of Nigeria is scaring international investors and...
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...