Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
The massive crash in crude oil price and the constant pressure on the country’s foreign reserve due to the Central Bank of Nigeria’s sustained intervention in...
As part of its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $8.28 billion to further...
Nigerian Naira, on Monday, failed to live up to the positive momentum it recorded last week at the foreign exchange market. This is because the local...
The Nigerian Naira has faced upside pressure since the start of the third-quarter as the Naira exchange rate to the dollar on the Investors and Exporters’...
The Federal Government is desperately reaching out to foreign investors to support Nigeria’s weakened currency. The Naira in recent weeks has not been stable despite the...
The Naira on Monday traded at N358.6 to the Dollar at the parallel market in Lagos, while the Pound sterling and the Euro closed at N445...
ai Naira weakened to 364 per dollar at the weekend from N363.50 the previous day as falling oil prices tightened liquidity on the currency market, traders...
The declining fortunes of the naira in the Investors and Exporters (I&E) window is expected to continue this week, analysts have predicted. Last week, the Naira...
At the weekend, the exchange rate between the naira and the dollar depreciated to N364/$ from N363.50/$ as oil price continue to fall globally with the...
