By Dipo Olowookere The Naira closed flat on Monday at the parallel segment of the foreign exchange market, trading at N363 per Dollar. It was the...
By Dipo Olowookere It was a bad day for the Naira on Tuesday at the parallel segment of the foreign exchange market as it lost N4...
By Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) injected $250 million into the interbank foreign exchange market. In the wholesale...
By Cowry Asset Last week, the Naira lost ground against the US Dollar at the Investors & Exporters Forex Window (I&E FXW), week-on-week, by 1.38 percent...
By Modupe Gbadeyanka Nigeria’s (B1 stable) dollar liquidity constraints are likely to persist for the foreseeable future, despite the recent improvements in foreign exchange earnings and...
By Modupe Gbadeyanka The free fall of the Dollar against the Naira continued on Tuesday, March 28, 2017, when it traded at N380 at the parallel...
By Dipo Olowookere The Central Bank of Nigeria (CBN) has been advised to review the International Money Transfer Operators (IMTOs) rate to N330 to dollar, which...
By Modupe Gbadeyanka Commercial banks operating in Nigeria have been directed by the central bank to sell forex to their retail customers at the rate not...
By Modupe Gbadeyanka President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Mr Aminu Gwadabe, has explained the reason behind difference in the...
By Modupe Gbadeyanka The Naira has continued to gain strength against the Dollar at the parallel segment of the foreign exchange market in Nigeria. On Wednesday...
