By Odunewu Segun AS Nigeria’s money market resumes trading, there are expectations that interbank rates will continue a downward trend as the Central Bank of Nigeria...
The United States of America dollar, on Wednesday, June 28, dipped to its lowest level against the euro in a year on after comments from...
The Central Bank of Nigeria will sell $100 million at a special foreign exchange auction on Wednesday, 28th of June as the local currency held steady...
The U.S. dollar eased 0.2 percent against the yen to 111.15, pulling away from a three-week high of 111.79 yen reached on Tuesday. The dollar...
Nigerian shares extended falls for the second day as sentiment started to weaken amid the possibility that index provider MSCI will downgrade Nigeria later in the...
By Odunewu Segun Nigeria’s attempt at attracting foreign investors back by scrapping currency peg, and also introducing multiple exchange rates to placate the investors has...
The Nigerian Naira, at the parallel segment of the Nigerian Foreign Exchange Market, on Friday, June 16 remained stable against the United States of America...
External reserves decline by $68m in a week By Odunewu Segun The Naira on Wednesday remained unstable at the parallel market, drifting between N364 and N365...
By Odunewu Segun Nigeria’s Naira has remained stable in the Forex market, exchanging at an average of N363/$1 in the Bureaux de Change segment of the...
Cost of funds in the interbank money market is expected to fall this week in response to liquidity inflow through matured bills as Naira continues its...
