AdminJun 2, 20171 min readNaira continues to gain against dollarThe Naira appreciated to 374 to US dollar on Thursday. The local currency had a good week, maintaining its grip against the greenback....
AdminMay 21, 20171 min readNaira climbs to a 3-month high against dollarNaira cruised strongly into the weekend, exchanging at N380/$1 in the parallel market. This is ahead of Monday’s Central Bank of Nigeria...
AdminMay 16, 20171 min readNaira strengthens as CBN pumps fresh $457million into forex marketThe Naira closed at N383 to a dollar at the parallel market​ as the ​Central Bank of Nigeria​, CBN,​ on Monday injected 457.3 million...
AdminMay 12, 20171 min readNaira appreciates against dollarThe Nigerian naira on Friday strengthened slightly at the parallel market. The local currency appreciated by one point against the...
AdminMay 11, 20171 min readNaira strengthens against dollarThe naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than the N388...
AdminMay 8, 20171 min readNaira regains strength against dollarThe Naira on Monday appreciated against the dollar at the parallel market. The Nigerian currency gained three points to exchange at N388...
AdminApr 14, 20171 min readNigerians’ demand for dollar drops amid fear of further crashDemands for foreign exchange by authorized dealers have dropped, as the dealers were only able to pick $45 million out of the $100...
AdminApr 8, 20171 min readNaira suffers further depreciation against dollarThe Nigerian Naira, on Friday suffered further depreciation after it was sold at N405 to the Dollar at the parallel market. Recall that...
AdminApr 3, 20171 min readCBN should take price of dollar to N340-N350 – RewaneThe chief executive officer of Financial Derivatives, Bismarck Rewane, has called on the Central Bank of Nigeria (CBN), to resist price...
AdminApr 2, 20171 min readDollar will crash further – CBNCentral Bank of Nigeria, CBN, on Sunday reiterated its determination to sustain the provision of foreign exchange to ensure Naira gains...
AdminMar 27, 20171 min readSell 1 dollar at N360 – CBN orders commercial banksThe Central Bank of Nigeria, CBN, on Monday directed all deposit money banks to immediately commence the sale of foreign exchange to...
AdminMar 22, 20172 min readNaira recovers dramatically, sells at 405 per dollarThe naira on Wednesday dramatically recovered to exchange for 405 per dollar. This is coming in less than 24 hours after the Central Bank...
AdminMar 21, 20171 min readNaira continues to appreciate against dollarThe Naira has continued to appreciate against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian...
AdminMar 20, 20171 min readNaira extends gain against dollar, sells at N440-N445 per dollarThe Naira on Monday continued to extend its gains against the dollar at the parallel market, newsmen report. The Nigerian currency...
AdminMar 16, 20171 min readCBN approves Dollar sale to additional 110 Bureau-de-Change operatorsThe Central Bank of Nigeria (CBN) has cleared 110 more Bureau-de-Change operators to take part in the weekly dollar sale to boost...
AdminMar 4, 20171 min readNaira loses steam against dollar, sells at N465 to $1The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation, the News Agency of Nigeria...
AdminFeb 10, 20171 min readNaira weakens to 506 per DollarThe free fall of the Naira against the Dollar appears unstoppable as the Nigerian currency traded for N506 to $1 down from N500 recorded...
AdminJan 14, 20172 min readDollar scarcity: Be more creative – Presidency tasks NigeriansFollowing the scarcity of the United States dollars in the country, the Senior Special Assistant, SSA, to President Muhammadu Buhari on...
AdminDec 21, 20161 min readNaira falls against dollarThe Naira on Wednesday fell further to N492 to a dollar at the parallel market, from N490 it closed on Tuesday, the News Agency of...
AdminNov 29, 20161 min readNaira crashes further, sells at 480 to one dollarThe naira on Tuesday crashed to N480 against a U.S dollar. While it exchanged for N585 to a Pound, it traded N500 to the Euro. Experts at...
