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...
The Central Bank of Nigeria has warned Nigerians to restrain from defacing the Naira, describing such act as criminal and an affront on national pride. According...
The Central Bank of Nigeria is said to have spent a whopping $2.04 billion alone in May to sustain the improved liquidity and relative stability in...
The Naira, Nigeria’s local currency may have been quietly devalued following the Central Bank of Nigeria’s decision to float the currency by allowing market forces to...
Nigeria’s local currency, the Naira dropped to a 15-month low on Friday at the parallel market, exchanging for as high as N371 to a Dollar. National...
The dollar dipped after three consecutive weeks of gains as investors took profits before U.S. midterm elections this week that may fuel a new bout of...
The Naira, Nigerian money, has weakened marginally against the dollar at the parallel market. The currency exchanged at N358.3, weaker than N358 traded on Friday, while...
The Naira Tuesday was stable at N358 per dollar in the parallel market, it however, appreciated by 32 kobo in the Investors and Exporters (I&E) window....
Nigeria’s local currency on Wednesday, July 11 dropped points against the Euro but remained steady against the US Dollar at the parallel market. The local currency...