As NAFEM turnover rises 232% By Elizabeth Adegbesan The Naira yesterday appreciated to N1,675 per dollar in the parallel ...

By Elizabeth Adegbesan The Naira depreciated to N1,658.48 per dollar in the Nigerian Autonomous Foreign Exchange Market, ...

With a loss of N266.55 billion occasioned by sell pressure in telco heavy – weight, MTNN (-4.40%), as well as Oando (-2.67%) ...

The Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a surge of forex in August, resulting in a massive turnover ...

The Nigerian currency, the naira has plummeted to an all-time low in the official market and a seven-month low in the ...

The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to eligible Bureau De Change ...

Tinubu rejects bill seeking to increase the retirement age of National Assembly staff Dangote Refinery reveals FG may spend ...

At the official market on Tuesday, the value of the naira dropped to N1,658 against the United States dollar from the N1,659 it sold on Monday while black market sellers sold at the rate of N1,670.

The CBN has consistently encouraged FX inflows to support naira stability. The success of these efforts is seen in the surge ...

Strong indications emerged on Monday, September 23, that holders of Nigeria’s fixed income instruments could have commenced massive sell-off on concerns over coupon payment delays for Nigeria’s ...

The MPC is, therefore, expected to retain the asymmetric corridor around the MPR at +500 to -100 basis points, Cash Reserve Ratio (CRR) of deposit money banks at 45 per cent and merchant banks at 14 ...