As CBN Pumps Another $221m, Analysts Expect Dollar to Slide to N400-N425 As part of efforts to sustain its defense of the naira, the Central Bank...
Experts Predict Further Gain as Naira Hits 445/Dollar The naira rose to 445 against the United States dollar at the parallel market on Sunday, one week...
Forex Weekly Outlook February 27 – March 3 The US dollar remained volatile even as economic data showed the labor market is strong and inflation rate...
Speculators, Currency Traffickers Lose Heavily as Dollar Continues Freefall Speculators and naira traffick- ers have gotten their fingers severely burnt as the naira sustained its upswing...
Naira Appreciates at Parallel Market The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria had forced...
Bitcoin just hit an all-time high. The digital currency is currently trading at around $1,186 — which is about $20 more than its previous all-time high of ~$1,165,...
Naira Gains on Parallel Market for Four Consecutive Days, Now N480/$ The Naira extends its gain against the US dollar on Thursday for the fourth consecutive...
Abolish Dual Forex Rates, Economists, Manufacturers Tell CBN Economists and manufacturers have joined the call for the abolition of the dual exchange rate policy operating in...
Central Bank of Nigeria’s New Foreign Exchange Policy In an effort to further ease economic gridlock, the Central Bank of Nigeria on Monday released new foreign...
CBN’s Forex Policy Adjustment Not Sustainable Economic and financial experts say it is uncertain that the latest policy action on foreign exchange introduced by the Central...