Stronger Dollar, FX Liquidity Squeeze Crash Naira Value at Currency Market
Adedapo Adesanya By Adedapo Adesanya The value of the Naira at the various segments of the currency market in Nigeria…
currency market
Naira Weakens Further to N1,681/$1 at Official Market as Bitcoin Soars
By Adedapo Adesanya The Naira weakened further against the United States Dollar by 0.15 per cent or N2.55…
CBN Sells $543.5m to Forex Dealers to Defend Naira at Currency Market
Aduragbemi Omiyale By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in…
Dollar Crashes to N1,520/$1 at Parallel Market
Dipo Olowookere By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market…
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…
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…
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)…
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…
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…
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…