By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in the country, to ease the pressure on the...
By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market on Monday, trading at N1,520/$1 compared with the...
By Adedapo Adesanya Nigeria has formed a joint task force, made up of leading law enforcement agencies such as the Nigeria Police Force (NPF), the Economic...
**Lists Ways to Guarantee Stable Naira By Aduragbemi Omiyale The Nigerian government has been advised on the steps to take to achieve a stable Naira in...
By Adedapo Adesanya The Naira depreciated against the Dollar at the different segments of the foreign exchange (FX) market on Wednesday, February 22. The Nigerian Naira...
By Adedapo Adesanya The Naira appreciated against the United States Dollar by 0.52 per cent N2.25 in the Investors and Exporters (I&E) segment of the foreign...
By Adedapo Adesanya The Naira suffered a loss of 25 kobo or 0.06 per cent against the US Dollar at the Investors and Exporters (I&E) segment...
By Adedapo Adesanya It was another woeful outing for the Naira at the currency market on Thursday, losing against the United States Dollar at both the...
Online trading of currencies is gaining momentum all around the world since the last two decades. Africa alone today has estimated approx. 1.3 million forex traders,...
By Modupe Gbadeyanka At the currency market on Monday, the Nigerian Naira traded mixed at various segments of the market. While the local currency depreciated against...