Parallel Market Rate Falls to N378 as Speculators Lose More At last, the Naira was exchanged at the parallel market yesterday at N378 to a dollar...
Naira Extends Gains, Moves Towards Convergence with FX Rate for Invisibles Currency speculators and others who had stockpiled the greenback continued to count their losses on...
Black Market Operators Lose as Naira Trades at N400/dollar Following the Central Bank of Nigeria’s intervention in foreign exchange, the Naira traded N400 to a dollar...
Global Stocks Tumble After U.S. Selloff; Yen Gains Equities tumbled across the globe after the S&P 500 Index fell the most since Donald Trump’s election, as...
Naira to Sell at N415/$ as CBN Sustains Intervention The naira will trade at N415 to a dollar as the series of intervention by the Central...
Euro Climbs as France Concern Eases; Gold Retreats The euro rose to the strongest in more than a month after a French presidential debate eased concern...
Sterling Rallies as U.K. Inflation Breaks Central Bank Target The pound rose to the highest in three weeks and gilts fell as U.K. inflation accelerated more...
Naira Falls at Official Market, CBN Supplies $180m The naira extended its declines at the official market on Monday, falling to 307.5 against the United States...
Sterling Slumps as U.K.’s May Plans to Trigger Brexit Next Week The pound fell, reversing earlier gains, after the U.K. said it will trigger the process...
Naira to Appreciate Further as CBN Boosts Forex Sale The naira is set to appreciate further in the week as the Central Bank of Nigeria (CBN)...
