The Central Bank of Nigeria on Tuesday warned speculators and hoarders of the United States Dollar against creating artificial forex scarcity for personal gain. Godwin Emefiele,...
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Sunday warned currency speculators and hoarders of impending losses if they do not desist from...
Naira Exchanges at N620 to a British Pound at Black Market Lingering foreign exchange scarcity has plunged the Nigerian Naira to a record-low of N620 against...
The United States Dollar continues its bullish run against the Nigerian Naira on the black market on Friday. The American Dollar gained N5 against the Nigerian...
The Nigerian Naira improved slightly against the United States Dollar at the Investors and Exporters’ foreign exchange window published by the FMDQ Group on Wednesday. The...
Liquidity scarcity plunged the Nigerian Naira against global counterparts at the black market on Wednesday. The local currency declined by N3 from N475 it exchanged against...
Rising demand for the United States Dollar amid persistent scarcity has further widened Nigeria’s foreign exchange rate at the black market. The Nigerian Naira depreciated by...
The Nigerian Naira declined on Friday to a record low of N470 against the United States Dollar on the black market. This was N5 lower than...
Weak oil prices amid falling global demand plunged Nigeria’s foreign exchange reserves to $35.63 billion, the lowest in two months, the Central Bank of Nigeria’s latest...
The Nigerian Naira remained under pressure against global currencies across key foreign exchange markets. The Naira dipped slightly against the United States Dollar by N1 from...
