In order to improve the inflow of foreign investments and diaspora remittances, the Nigerian Economic Summit Group has urged the Central Bank of ...
The subject of the exchange rate has become a topical issue in Nigeria following the devaluation of the naira as one US Dollar is now traded at N712. ...
The Naira on Monday, exchanged at 420.23 to the dollar at the Investors and Exporters window, compared to 419.02 traded on Friday, representing 0.31 p...
Nigerians who could not access foreign exchange (FX) through the official channels bought the Dollar at the unregulated forex market on Monday at N550...
Nigeria’s legal tender on Thursday sunk to a new record low against the dollar, the British Pound Sterling and Euro amid the lingering scar...
The naira continued its losing streak on Monday, sliding to an all-time low of 527 against the dollar at the parallel market while the CBN prepared fo...
Nigeria's currency declined at the parallel markets on Friday as more Nigerians sought alternatives to getting dollars from commercial banks. T...
Nigeria's local currency plunged to N522 against the dollar at the parallel market on Wednesday after the Central Bank announced the discontinuati...
Nigeria's currency depreciated across official and unofficial segments of the markets on Friday despite the injection of $210 million by the Centr...
The naira dropped against the dollar at the close of Tuesday trading at the Investors and Exporters window, where forex is traded officially. ...
The Naira fell at the parallel market on Thursday after the Central Bank of Nigeria devalued its official exchange rate by 7.6 percent and adopted the...