By Odunewu Segun Following the intervention of the Central Bank of Nigeria in the foreign exchange market by selling $411.8 million dollars for visible and invisible...
The naira tumbled to 520 against the United States dollar at the parallel market on Monday as scarcity of the greenback continued to keep the exchange...
By Odunewu Segun Association of Bureau De Change Operators of Nigeria has urges its members to help stabilize the naira which was earlier today quoted at...
The Nigerian Naira on Tuesday, February 14, remained low against the U.S dollar at the parallel or black segment of the Nigerian foreign exchange market, trading...
By Chioma Obinagwam The synergy between Nigeria’s Monetary policy and it’s Fiscal policy is perceived as the panacea to solving the country’s currency (naira) woes,...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
By Odunewu Segun The naira was earlier today, Tuesday 31, quoted as low as 499 to the dollar on the black market on percent weaker than...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
By Odunewu Segun The Naira at the parallel market depreciated further to N495/$ on Thursday as predicted by finance experts. They had predicted that Naira...
The Association of Bureaux de Change Operators of Nigeria (ABCON) has identified a single market driven foreign exchange as a step to stabilizing the value...
