The Central Bank of Nigeria efforts to sustain the strength of the naira through constant pumping of dollars in the FX market has been hailed by...
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...
Financial experts have urged the Central Bank of Nigeria to immediately discontinue with the disparity in its rates at the foreign exchange market in the overall...
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...
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...
Current reports across markets indicate that Central Bank of Nigeria’s long-haul strategy may have a sustained positive results in the area the apex bank had been...
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...
The Central Bank of Nigeria has released another $100m into the wholesale forwards segment of the market and pumped an additional $80m into the banks specifically...
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...
