Naira Stabilises at N497 to Dollar The naira on Monday stabilised at N497 to a dollar at the open market just as stakeholders expressed hope in...
Brexit Plans Rattle Pound and Stocks as Gold Rises The pound fell, equities slid and gold climbed on concern U.K. Prime Minister Theresa May is prepared...
Stock Market Lost N331bn to Naira Volatility in 2016 The 54.8 per cent depreciation of the naira at the interbank foreign exchange market in 2016 resulted...
Forex Weekly Outlook January 16-20 The US dollar declined against most of its counterparts last week, after president-elect insisted that companies importing into the U.S. must...
Naira Falls to 497 as Dollar Demand Rises The naira fell to 497 against the United States currency at the parallel market on Friday as dollar...
Malaysia to Consider More Steps to Stabilize Ringgit If Needed Malaysia’s central bank will consider introducing more measures to stabilize the ringgit if needed as previous...
Naira Hits N495/Dollar as Forex Scarcity Lingers The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators, the News...
‘Cartel’ Currency Traders Charged in Market-Rigging Case U.S. prosecutors charged three ex-traders at the heart of a criminal investigation that has ensnared the world’s biggest banks...
BDCs Urge FG to Harmonise Multiple Exchange Rates The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged Central Bank of Nigeria (CBN) and...
Naira Gains on Low Market Activity The Naira appreciated against the U.S. dollar on Monday, after about two weeks of losses. The local currency gained N3...