Low Oil Prices to Pressure Naira – Report The weak oil prices and rising economic uncertainty will pressure the Nigerian Naira as Africa’s largest economy struggles...
Stocks, Oil Close Lower as Volatility Returns Market volatility ruled global financial markets on Tuesday as stocks and crude oil closed lower. The S&P 500 Index...
Naira Slides to N402/$1 as CBN Suspends FX Sales The foreign exchange rate of the Nigerian Naira to a US dollar declined further on Friday after...
CBN Suspends Sales of Forex to Bureau De Changes The Central Bank of Nigeria (CBN) on Thursday announced it has suspended sales of the forex to...
Naira Trades at N515 to US Dollar in FX Forward Market Following the Central bank of Nigeria (CBN)’s decision to adjust the foreign exchange rate of...
ABCON Directs Members to Sell Dollar at N380/$ The Association of Bureaux De Change Operators of Nigeria (ABCON) on Monday directed all members of the association...
CBN Devalues Naira by 15% Amid Low Oil Prices, Weak Reserves As reported by Investors King on Friday, the Central Bank of Nigeria (CBN) has updated...
Devaluation: CBN Sells Dollars at N380.2/$ to Foreign Investors There are reports that the Central Bank of Nigeria (CBN) exchanged the US dollar to Naira at...
Euro Dips to 3-Year Low Against Dollar Amid Coronavirus Pandemic The Euro-area common currency plunged against the U.S dollar to a three year low of 1.069...
CBN Says No to Naira Devaluation, Blames Speculators The Central Bank of Nigeria (CBN) on Thursday said the available fundamentals do not support naira devaluation at...