The dollar’s weak start to 2016 is showing signs of a turnaround as doubts about the economic outlook fade, according to U.S. Bank Wealth Management and...
The Nigerian currency, naira, hit a record low on Thursday at the parallel market as demand for the US dollar surges. The local currency was exchanged...
Credit Suisse has turned bearish on the U.S. dollar versus the other two G3 currencies for the first time since the greenback’s scintillating rally began in...
The Naira declined N4 against the dollar on Monday in response to the intense scarcity of dollar in the market. Survey conducted at the parallel market...
The Central Bank of Nigeria (CBN) is currently proposing to replace Bureau De Change (BDC) operators with Travelex, a global foreign exchange dealer. According to the...
With the consistent issuance of open market operation bills by the Central Bank of Nigeria, the nation’s interbank overnight lending rate is expected to gradually inch...
The Central Bank of Nigeria has expressed its readiness to support the refinery, fertiliser and petrochemical complex being built by Dangote Industries Limited in Lagos by...
The naira took further beating on Thursday at the parallel market, trading near its 2015 low of 280 against the United States dollar. The dollar was...
The yuan sank to a five-year low after China’s central bank set the currency’s reference rate at an unexpectedly weak level, a sign that policy makers...
The ringgit continue its weakness against the US dollar as plunging crude prices and a money scandal involving Prime Minister Najib Razak damp the economic outlook...
