Naira Trades N460 Against Dollar at Black Market
Modupe Gbadeyanka By Modupe Gbadeyanka The Nigerian Naira on Friday further finished stronger than it opened at the parallel segment…
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CBN to Give Extra $20m Weekly to Banks
By Modupe Gbadeyanka As from Monday next week, banks in Nigeria will receive an additional $20 million every…
Naira Hits Fresh Low of N516 per Dollar
Dipo Olowookere By Dipo Olowookere The weakening of the Naira continued on Thursday when it closed at N516 against the…
Naira Weakens Further Against Dollar at Parallel Market
By Modupe Gbadeyanka Pressure on the Naira at the parallel market returned on Tuesday amid the shortage of…
Naira Sinks Further Against Dollar Despite Liquidity Boost
By Dipo Olowookere The Naira on Thursday remained indifferent to the sale of over $250 million to licensed…
Naira Crashes to N492 at Parallel Market
By Modupe Gbadeyanka The continuous raids of black market operators in major cities in Nigeria have further weakened…
Naira Remains N485 Per Dollar At Parallel Market
By Modupe Gbadeyanka Nigeria’s local currency, the Naira, traded at the parallel segment of the foreign exchange (forex)…
Naira Crashes To 485 Per Dollar
By Modupe Gbadeyanka The Nigerian local currency suffered a huge shock on Tuesday after falling to N485 per…
Naira Falls To 484 Per Dollar
By Modupe Gbadeyanka The Nigerian currency, Naira, crashed at the parallel market on Friday despite measures put in…
Naira Sinks As CBN Slashes Dollar Supply to BDCs
By Modupe Gbadeyanka Fresh pressure has been mounted on the Naira following the decision of Central Bank of…