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...
Mr. Bismarck Rewane, the Managing Director and Chief Executive Officer, Financial Derivatives based in Lagos, has said the Naira to United States Dollar exchange rate may...
Naira Appreciates Slightly Against the US Dollar and Euro The Nigerian Naira gained slightly against the United States Dollar on Friday amid a drop in demand...
Pounds to Naira Rate Hits N596 at the Black Market The British Pounds gained against the Nigerian Naira on Wednesday at the black market as forex...
Trump Discussed Possibility of Firing Jerome Powell Amid Stock Rout The report that president Trump is discussing the possibility of firing Federal Reserve Chair, Jerome Powell,...
Fed Hikes Rate for the Fourth Time in 2018 The Federal Reserve on Wednesday raised interest rates for the fourth time in 2018, despite pressure from...
Russia Set to Dump US Dollar for FOREX Russia is intensifying efforts to wean its economy off the US dollar as Washington considers tough new sanctions...