The crises festering in Nigeria’s currency exchange market doubled down yesterday with the local currency depreciating further across all segments of the market. Vanguard’s monitor of...
The naira yesterday depreciated to N1,030 per dollar in the parallel market from N1,010 per dollar on Wednesday. However, the naira appreciated in the Investors and...
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend of demand surpassing supply seems to...
The naira on Tuesday appreciated against the dollar as it exchanged at N745.19 at the Investors and Exporters window. The local currency gained by 1.38 per...
An Edo State businessman, Mr. Osazee Gift Osazuwa, has called on the Federal Government to wade in and tackle the falling rate of the naira against...
On Friday, pressure mounted on the naira at the black market with BDC operators in Lagos, Abuja and Kano lamenting dollar scarcity, An Abuja-based BDC operator,...
Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet...
There are indications that exchange rate crises that trailed the foreign exchange market reforms in June 2023 may linger further as supply gap led to further...
The Naira yesterday recorded significant gain against the dollar in the parallel market and the official Investors and Exporters, I&E window even as the forex market...
The Naira on Wednesday appreciated against the dollar, exchanging at N782.49 at the investors and exporters window. The Naira gained by 0.75 per cent when compared...