AdminJan 9, 20171 min readNaira rebounds against dollarThe Naira on Monday appreciated at the parallel market after about two weeks of losses. The currency gained 3 points to exchange at N490,...
AdminJan 5, 20171 min readRecession: Naira may exchange for 520 to dollar this year – Financial expert, RewaneThe Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane has predicted that the Nigerian currency,...
AdminJan 3, 20171 min readNaira stabilizes at N490 to dollar despite fearsThe Naira on Tuesday stabilised at N490 to a dollar at the parallel market in spite of speculations that it would depreciate to N500 to a...
AdminDec 30, 20161 min readNaira among four worst global currencies in 2016A report by Bloomberg LP has rated Nigeria’s naira as one of the world’s four worst performing currencies in 2016. The naira is said to...
AdminDec 28, 20161 min readNaira exchanges for N490 per dollar at parallel marketThe Naira on Wednesday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas...
AdminDec 24, 20161 min readNaira may hit N500 to dollar next weekThe naira has continued to depreciate and may hit the 500 mark to the United States dollar at the parallel market next week. This is as...
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...
AdminDec 16, 20161 min readNaira crashes as dollar scarcity worsens one week to ChristmasThe Naira on Friday fell at the parallel market as dollar scarcity worsened ahead of the Christmas season. The Nigerian currency...
AdminNov 30, 20161 min readNaira appreaciates marginally at interbank marketThe Naira on Wednesday appreciated marginally against the dollar at the interbank market, gaining 25k to exchange at N305. The Nigerian...
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...
AdminNov 28, 20162 min readNaira has lost 85 percent of its value in two years – CBNThe Central Bank of Nigeria, CBN, has revealed that the nation’s currency has lost about 85 per cent of its value in the last two years,...
AdminNov 25, 20162 min readNLC tasks federal government to halt free fall of NairaThe Nigeria Labour Congress, NLC, has called on the President Muhammadu Buhari-led federal government to device a means to stop the...
AdminNov 21, 20161 min readNaira official rate to dollar jumps to N305The Naira on Monday gained 50k to exchange at N305.00 to a dollar at the interbank market. The Nigerian currency had closed at N305.50...
AdminNov 16, 20161 min readNaira depreciates, exchanges N465 to dollarThe Nigerian Naira, on Wednesday dropped N10 to trade at N465 per U.S dollar as against the N455 per dollar it was yesterday in the black...
AdminNov 11, 20161 min readDollar crashes against nairaThe Naira on Friday strengthened against the dollar in all segments of the foreign exchange market. At the interbank market, the currency...
AdminNov 10, 20162 min readTrump’s victory not the reason for Naira appreciation – IdisiProf. Park Idisi, a Lecturer, Department of Agriculture, University of Abuja, said naira appreciation against the dollar had nothing to...
AdminNov 10, 20161 min readTwo men nabbed while attempting to buy dollars with fake Naira notes in Abuja [PHOTOS]Two yet-to-be named men were arrested on Wednesday in the Federal Capital Territory, FCT, Abuja, while trying to buy some dollars with...
AdminNov 8, 20161 min readNaira appreciates against dollarThe Naira on Tuesday appreciated against the dollar in all the segments of the forex market, the News Agency of Nigeria (NAN) reports....
AdminNov 7, 20161 min readNaira drops at interbank marketThe Naira on Monday fell freely at the official interbank market, the News Agency of Nigeria (NAN) reports. The naira exchanged at N350...
AdminNov 2, 20161 min readNaira weakens at parallel marketThe naira on Wednesday stabilised at N304.75 to a dollar at the official interbank market, the News Agency of Nigeria (NAN) reports. At...
