Naira Loses N4 Against Euro, Pound at Parallel Market
Dipo Olowookere By Dipo Olowookere It was a bad day for the Naira on Tuesday at the parallel segment of…
dollar
Naira/Dollar Rates Rise Across Most Market Segments
Modupe Gbadeyanka By Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) injected $250 million into…
Naira Falls against Dollar Despite CBN $195m Intervention
By Cowry Asset Last week, the Naira lost ground against the US Dollar at the Investors & Exporters…
Nigeria’s Dollar Liquidity Shortage May Continue—Moody’s
By Modupe Gbadeyanka Nigeria’s (B1 stable) dollar liquidity constraints are likely to persist for the foreseeable future, despite…
Dollar Crashes to N380/$ at Black Market
By Modupe Gbadeyanka The free fall of the Dollar against the Naira continued on Tuesday, March 28, 2017,…
BDC Operators Want IMTOs Cash at N330/$
By Dipo Olowookere The Central Bank of Nigeria (CBN) has been advised to review the International Money Transfer…
CBN Orders Banks to Sell Dollar at N360
By Modupe Gbadeyanka Commercial banks operating in Nigeria have been directed by the central bank to sell forex…
Why Abuja Dollar Rate Differs from Lagos—Gwadabe
By Modupe Gbadeyanka President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Mr Aminu Gwadabe,…
Dollar Crashes to N410 at Black Market
By Modupe Gbadeyanka The Naira has continued to gain strength against the Dollar at the parallel segment of…
BDCs to Bid for $25m from Travelex at N381/$
By Modupe Gbadeyanka Members of Association of Bureaux De Change Operators of Nigeria (ABCON) will today bid for…