A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has reacted to President Muhammadu Buhari’s order, directing the apex bank to ban...
By Odunewu Segun The naira dropped to N382 against the United States dollar at the parallel market, down from the N380 it recorded last Friday. While...
UNLESS urgent steps are taken by the Federal Government to tackle the growing power challenges in the country, some manufacturing firms might go under due to...
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...
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...
By Odunewu Segun The naira has remained at N345 to a dollar today at the parallel market despite speculations that the local currency might picked up...
The naira has gained N3 more naira against the United States dollar in the black market early today, trading at about N337/$1 today, May 24, as...
…experts says it is going to encourage round-tripping BY DANLADI BATURE THE decision by the Federal Government not to use official exchange rates to install a...
By CHIOMA OBINAGWAM NIGERIA’S foreign exchange reserves fell by 2.68 percent to $27.14 billion as of April 27 from a month ago, when they were 27.87...
