CBN Sells $543.5m to Forex Dealers to Defend Naira at Currency Market
By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in the country, ...
ADVERTISEMENT
Tag: currency market
Dollar Crashes to N1,520/$1 at Parallel Market
By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market on Monday, ...
Nigeria Creates Task Force to Combat FX Speculation, Hoarding
By Adedapo Adesanya Nigeria has formed a joint task force, made up of leading law enforcement agencies such as the ...
N1,400/$1 Exchange Rate May Drive Inflation Higher—Alaje
**Lists Ways to Guarantee Stable Naira By Aduragbemi Omiyale The Nigerian government has been advised on the steps to take ...
Pressure Mounts on Naira, Falls at Currency Market as Cash Crunch Persists
By Adedapo Adesanya The Naira depreciated against the Dollar at the different segments of the foreign exchange (FX) market on ...
Naira Sells N427.25/$1 at I&E, N614/$1 at Parallel Market
By Adedapo Adesanya The Naira appreciated against the United States Dollar by 0.52 per cent N2.25 in the Investors and ...
Naira Performs Badly at Currency Market Amid FX Supply Crunch
By Adedapo Adesanya The Naira suffered a loss of 25 kobo or 0.06 per cent against the US Dollar at ...
Naira Performs Badly Against Dollar at Currency Market
By Adedapo Adesanya It was another woeful outing for the Naira at the currency market on Thursday, losing against the ...
All You Need to Know About Trading in Currency Market
Online trading of currencies is gaining momentum all around the world since the last two decades. Africa alone today has ...
Naira Trades Flat at Black Market, Falls at Interbank, Rises at I&E
By Modupe Gbadeyanka At the currency market on Monday, the Nigerian Naira traded mixed at various segments of the market. ...
