The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on Monday. On Friday, the turnover of...
The Central Bank of Nigeria (CBN) has assured the general public of the availability of sufficient stock of currency notes for economic activities in the country....
Against the backdrop of sustained rumors about the introduction of the Naira re-denomination by the current government, economy analysts and corporate chieftains have painted a discomforting...
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...
Nigeria’s capital importation fell quarter-on-quarter (QoQ) by 9.04 percent to $1.03 billion in the second quarter of 2023 (Q2’23) from $1.13 billion in Q1’23. The National...
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,...