Naira continues its decline across the board as forex scarcity persists following the Central Bank of Nigeria’s decision to cut off the bureau de change forex...
The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks, DMBs to sell foreign exchange (FX) to customers. CBN disclosed this in a letter to...
The decision of the Central Bank of Nigeria (CBN) to suspend dollar sales to the Bureau de change operators has “disrupted one of the juiciest gravy...
Naira plunged further against its global counterparts as the Central Bank of Nigeria (CBN) announced on Tuesday it has stopped sales of forex to Bureau De...
The Central Bank of Nigeria (CBN) on Tuesday announced it has halted the sales of forex to Bureau De Change Operators (BDCs) across the country. Godwin...
Naira exchange rates remained largely unchanged across key forex segments on Tuesday morning as the local currency traded at N505 to a United States Dollar at...
The value of transactions traded at the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) stood at $3.01 billion in June, according to the data published by...
Economic uncertainty in Africa’s largest economy Nigeria continues to weigh on the Nigerian Naira despite numerous efforts by the Central Bank of Nigeria to prop up...
The Naira improves slightly against its global counterparts at the parallel market on Friday as liquidity increase marginally across key forex markets. The Naira gained N2...
Naira gained slightly across key foreign exchange markets during the holiday and opened at N503 against the United States Dollar at the Parallel market. Against the...
