The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the...
The question in the minds of Nigerians today is why is the Naira depreciating or why is the exchange rate of the dollar rising rapidly? This...
The Central Bank of Nigeria (CBN) has said the N200, N500 and N1,000 old naira notes are slowly being phased out with the redesigned ones. Acting...
The Naira on Thursday appreciated against the dollar, exchanging at N768.16 at the Investors and Exporters window. The Naira gained by 3.22 per cent when compared...
Nigeria’s inflation rate rose further to 22.79 per cent Year-on-Year (YoY) in June 2023 from 22.41 per cent previous month of May. But analysts appear surprised...
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...
…Banks ignore CBN’s directive on domiciliary accounts There are indications that banks are ignoring the Central Bank of Nigeria, CBN, directive that they should grant their...
The naira yesterday depreciated N765.13 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window...
The Naira on Tuesday appreciated against the dollar at the Investors and Exporters window exchanging at N756.61. The Naira gained by 1.79 per cent when compared...
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging N770.38 to the dollar. The local currency showed a 16.19 per...