By Adedapo Adesanya The federal government has pegged the exchange rate at N410.15/$1 and the crude oil benchmark at $57 per barrel for the 2022 budget...
By Adedapo Adesanya The value of the Nigerian Naira to the United States Dollar at the parallel market depreciated by N1 on Tuesday to N461/$1, data...
By Adedapo Adesanya The Naira traded flat against the Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on Wednesday, September...
By Dipo Olowookere It was a positive week for the local currency at the Investors & Exporters (I&E) segment of the foreign exchange market. This is...
By Cowry Asset This week, in line with our expectation, the Naira/Dollar exchange rate was relatively stable week-on-week at the interbank market (NIFEX), Bureau De Change...
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 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...
By Modupe Gbadeyanka Exchange rate for Bureau De Change (BDC) operators in the country has been raised by the Central Bank of Nigeria (CBN) to N385...