AdminApr 10, 20171 min readThose behind fall of Naira will not live to enjoy it – Pastor AdeboyeThe General Overseer of the Redeemed Christian Church of God Worldwide (RCCG), Pastor Enoch Adejare Adeboye, has warned those “destroying...
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 5, 20171 min readNaira loses strength against dollar againThe Nigerian currency​ on Wednesday​ lost 8 points to exchange at N398, while the Pound Sterling and the Euro closed at N485 and N415. At...
AdminApr 5, 20172 min readNaira is overvalued – IMFThe International Monetary Fund (IMF) has said that the Nigerian Naira is overvalued by about 10% to 20%. Gene Leon, who is IMF’s mission...
AdminApr 5, 20171 min readNaira bounces back at parallel marketNaira on Tuesday appreciated against the dollar at the parallel market after a sustained one week depreciation. Naira traded between N380...
AdminApr 3, 20171 min readNaira falls further to N395 to 1 dollarThe naira on Monday depreciated further at the black market in spite of the commitment of the CBN to boost liquidity in the market, the...
AdminApr 1, 20172 min readWhy Naira depreciates despite CBN intervention – ExpertsAlhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has blamed the recent depreciation of...
AdminApr 1, 20172 min readExternal reserves hit two-week low as naira weakensThe country’s external reserves fell to a two-week low and the naira eased on the black market on Friday after the Central Bank of...
AdminMar 30, 20172 min readForex: High demand raises dollar rate to N380Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to N380 from N370 on...
AdminMar 24, 20171 min readNaira gains strength at 380 per dollarThe Nigerian currency on Friday afternoon exchanged between N380 (buying rate) and N390 (selling rate), stronger than N400 recorded on...
AdminMar 23, 20171 min readNaira sells at N400 to dollarThe Naira on Thursday was sold at N400 to a dollar at the parallel Market, the News Agency of Nigeria reports. The Nigerian currency...
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 readNaira appreciates further against dollarThe Naira on Thursday consolidated its gains against the dollar at the parallel market. The Nigerian currency gained two points to...
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 14, 20171 min readNaira sustains gain against dollarThe Naira on Tuesday sustained its gain against the dollar at the foreign exchange market. Naira exchanged at N455 (Buying rate), N457...
AdminMar 13, 20171 min readNaira gains in all foreign currenciesThe Naira on Monday appreciated on all segments of the foreign exchange market. Naira gained three points to exchange at N460, from N463...
AdminMar 12, 20171 min readNaira to appreciate further as CBN plans more dollar supplyAs the Naira continues to appreciate against the dollar and other foreign currencies, indications emerged on Sunday that the Central Bank...
AdminMar 10, 20171 min readNaira gains strength at parallel marketThe Naira on Thursday marginally appreciated against the dollar at the parallel market. The Nigerian currency gained three points to...
