Despite efforts by the Central Bank of Nigeria (CBN) to bolster the country’s currency, the Naira continues to face a relentless decline, prompting financial experts to...
By Sodiq Adelakun Despite measures by the central bank to narrow the gap between official and parallel market rates, Nigeria naira, yesterday tumbled to N905 per...
By Sodiq Adelakun The Naira fell as low as N910 against the dollar on Wednesday morning before moderating to the N902/$ levels. Nigerians access this dollar-backed...
By Sodiq Adelakun The Naira fell to N900 per dollar yesterday following a report by JP Morgan that estimates Nigeria’s net FX reserves at $3.7billion, at...
…Trades at N860/$ ahead of new guideline for importers, BDCs By Sodiq Adelakun Naira has for the past three days remained flat at N860/$ amid cooling...
By Dakuku Peterside Naira, indeed, has no religion, tribe, or tongue. It is common to all of us, and anything that happens to it affects everybody....
By Sodiq Adelakun Nigerian Naira has continue to appreciate against the US Dollar as the parallel segment of the foreign exchange (FX) market reacts to the...
By Sodiq Adelakun Following a warning by the Central Bank of Nigeria to those involved in speculation in the foreign exchange market including the parallel market,...
By Sodiq Adelakun Naira on Wednesday gained against dollar as demand in the parallel segment of the foreign exchange (FX) market drops further. FX dealers were...
Naira appreciated in the P2P market when it broke below the N900 price on Binance in the early hours of Tuesday. The price patterns on the...