By Odunewu Segun Following the decision of the Central Bank of Nigeria to stop forex sales to operators of Bureau De Change in the country, the...
RESEARCH has shown that commercial banks have started restructuring the tenures of their upstream loans to 10 years, up from five years, using a benchmark of...
…as Saraki insists CBN forex policy irreversible By Odunewu Segun A financial expert and Managing Director of Financial Derivatives Ltd, Bismarck Rewane, has said having a...
By ODUNEWU SEGUN SENATOR Sheu Sani, Chairman, Senate Committee on Foreign Domestic Debts at the weekend said with the high exchange rate of about N305 to...
• As dollar shortage increases FX margin further • Experts decry CBN’s insistence on 11% interest rates By DANLADI BATURE, ODUNEWU SEGUN ANOTHER week of bargain hunting...
By ODUNEWU SEGUN AS the naira continued to depreciate against the dollar at the parallel, bank customers are increasingly finding it difficult to withdraw dollars from...
By ANDREW OJIEZEL THERE have been mixed reaction from stakeholders following the last week announcement by Governor of Central Bank of Nigeria (CBN) Godwin Emefiele. In...
Nigeria’s currency, the naira earlier this morning depreciated further at the parallel market amid growing shortage of the currency. National Daily gathered that the naira lost...
Investigation by National Daily has shown that customers are still skeptical about making cash deposits into their domiciliary accounts despite the directives by CBN lifting the...
The naira has depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar on...
