Investors, Traders Express Worry Over New Forex Rules The Central Bank of Nigeria’s latest efforts to adjust the exchange rate policy have baffled investors who say...
Naira Improves on Parallel Market, Sells at N501/$ The new foreign exchange policy introduced by the Central Bank of Nigeria strengthens the Naira on the parallel...
Naira Records Little Gain, Closes at 512/dollar The naira recorded slight gain on Tuesday and closed at 512 against the United States dollar on the parallel...
Naira Depreciates to N520 Against U.S. Dollar As Retailers Examine CBN Action The Naira plunged to N520 against the U.S. dollar at the parallel market on...
Forex: CBN, Banks to Verify Tax Clearance Certificates, Flight Tickets As part of measures to implement the new foreign exchange measures to address the depreciation of...
Forex Weekly Outlook February 20-24 The US dollar gained against its counterparts last week, after data showed producers price index rose 0.6 percent and inflation also...
Dollar Advances as Stocks Decline With Commodities The dollar strengthened as investors digested a week which saw Federal Reserve Chair Janet Yellen kept alive prospects for...
Naira Crashes to 516 as dollar scarcity widens The naira appears to have entered a free fall mode with the local currency selling for 516 per...
Render Forex Returns in Uniform Format, CBN Tells Banks The Central Bank of Nigeria on Thursday directed Deposit Money Banks in the country to render returns...
Naira Exchanges at Record-low, N510 a Dollar The Nigerian Naira continued to depreciate against the U.S. dollar on the parallel market, despite the claim of a steady...
