By Odunewu Segun While the Federal Government of Nigeria are increasingly confident that Nigeria’s local currency, Naira, woes in the last two years are over for...
External reserves hit $33.6bn By Odunewu Segun Nigeria’s Naira remained stagnant in the foreign exchange market over the weekend despite the $480.7 million intervention by...
By Odunewu Segun The Central Bank of Nigeria (CBN) on Friday injected $285.7 million into the Inter-bank foreign exchange market in order to ease the pressure...
Naira’s depreciation over the last few years, depreciating more than 150 per cent between 2014 and 2017 is said to be responsible for the liquidity...
By Odunewu Segun Nigeria’s overnight lending rate has dropped to 20 percent amidst expectation that a cash squeeze will ease after money market rates more than...
The naira remained stable against the US Dollar on Monday 9 at the parallel market segment of the forex market as well as the Investors and...
The naira last week appreciated in parallel exchange market as well as the Investors and Exporters (I&E) window, while the Central Bank of Nigeria (CBN) sustained...
The Naira recorded some marginal growth against the United States of America Dollar on Tuesday at the parallel market, exchanging for N364 as against the N365...
It is an open secret that some international financial institutions such as the World Bank and the International Monetary Fund (IMF) were campaigning for the...
The Central Bank of Nigeria has injected another $308.5 million into the foreign exchange retail segment market to further ensure liquidity and stability in the forex...
