Naira Drops to 498 as CBN Resumes Dollar Sales The naira fell against the United States dollar at the parallel market to 498 on Thursday, from...
Dollar Drops on Yellen Comments, China Shares Rise The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over...
CBN Resumes Sales of Forex to BDCs The Central Bank of Nigeria on Wednesday sold $250m to 3147 registered Bureau De Change operators nationwide, according to...
Gold Falls With Yen as Haven-Asset Flight Eases The flight to haven assets eased following the biggest drop in the dollar since July with moves in...
Brexit Saga Hits Pound Sterling slid below $1.20 for the first time in more than three months after newspapers reported that May will signal in a...
Gold and Yen Extend Rallies on EU, Trump Concerns Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move...
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...
