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...
The Nigerian Naira has remained stagnant against the US dollar at the parallel segment of the foreign exchange market, maintaining the N362 rate for days...
The British Pound Sterling has dipped to a one-week low, as inflation data failed to bolster chances of an interest rate increase in August with markets...
