By Modupe Gbadeyanka Members of Association of Bureaux De Change Operators of Nigeria (ABCON) will today bid for $25 million from international money transfer firm, Travelex....
By Modupe Gbadeyanka The Naira has recorded a marginal gain of N5 at the parallel market barely 24 hours after the Central Bank of Nigeria (CBN)...
By Modupe Gbadeyanka The Nigerian Naira on Friday further finished stronger than it opened at the parallel segment of the foreign exchange market, closing at N460...
By Modupe Gbadeyanka As from Monday next week, banks in Nigeria will receive an additional $20 million every week from the Central Bank of Nigeria (CBN)...
By Dipo Olowookere The weakening of the Naira continued on Thursday when it closed at N516 against the Dollar at the parallel market. The local currency...
By Modupe Gbadeyanka Pressure on the Naira at the parallel market returned on Tuesday amid the shortage of Dollar in circulation. At the close of market...
By Dipo Olowookere The Naira on Thursday remained indifferent to the sale of over $250 million to licensed Bureau De Change (BDC) operators nationwide as it...
By Modupe Gbadeyanka The continuous raids of black market operators in major cities in Nigeria have further weakened the Naira against the Dollar. At the parallel...
By Modupe Gbadeyanka Nigeria’s local currency, the Naira, traded at the parallel segment of the foreign exchange (forex) market on Friday, December 9, 2016, at N485...
By Modupe Gbadeyanka The Nigerian local currency suffered a huge shock on Tuesday after falling to N485 per Dollar at the parallel market. The crash, according...
