President of Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe has advised the Central Bank of Nigeria (CBN) to immediately leverage...
Chief Executive Officer of SD & D Capital Management, Idakolo Gbolade, says the continued Naira decline could be attributed to the reduction in forex...
Nigeria’s foreign reserve in Naira value has fluctuated between N6.99 trillion, N16.38 trillion , then, N14.94 between 2012, 2018 and 2022. However, Nigeria’s debt stock has...
The cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks should the dollar continue to trade...
The Central Bank of Nigeria (CBN) has threatened to sanction banks engaging in illegal sales of foreign exchange as the Naira crashed to an all-time low of N950...
The exchange rate between the naira and dollar closed a tumultuous week quoting as high as N955/$1 on the black market. This is according...
The disparity between the official and parallel market rates continues to widen, raising fears that exchange rate unification expected to bridge the gap between the official...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that fuel price will continue to rise in Nigeria. In an interview with Journalists, the National...
The naira fell to an all-time low of N950 to a single dollar at the parallel market on Thursday afternoon, representing a N53 or...
The naira dropped to a record low of N925/$1 on the parallel market on Wednesday as demand for foreign currency outweighed supply. According to traders, the...
