By Sodiq Adelakun The foreign exchange (FX) market opened on Wednesday with naira depreciating by 0.38 per cent against the dollar at the parallel market. The...
By Sodiq Adelakun The exchange rate between the dollar and naira closed at N741.5/$1 at the official investor and exporter window on Monday, July 3rd, 2023....
The naira has appreciated by 0.68 per cent against the United States dollar on the Investor & Exporter forex window. The local currency closed at N763/$...
The exchange rate between the naira and dollar on the official Investor & Exporter Window closed at N763/$1 ahead of the Sallah Break. According to data...
The Association of Capital Market Academics of Nigeria (ACMAN) suggests that the Central Bank of Nigeria (CBN) should raise the Monetary Policy Rate (MPR) above the...
The Central Bank of Nigeria (CBN) and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to the maritime sector with a 40 per...
The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira depreciated...
The value of Nigeria’s export may rise to at least N41.99 trillion per year following the Central Bank of Nigeria (CBN) float of the naira. The...
By Sodiq Adelakun In a bid to maintain equivalent of the foreign currencies, many Deposit Money Banks (DMBs) have been asked to increase funds in Naira...
By Sodiq Adelakun Following demand pressure against shrinking supply, the Naira on Monday crashed by 16 per cent to N770.38 per dollar in the Investors and Exporters (I&E)...