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 Dipo Olowookere Central Bank of Nigeria (CBN) has disclosed in its latest data that activities of Niger Delta militants on oil installations in the region...
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 Dipo Olowookere A total of $355.74 million was released by the Central Bank of Nigeria (CBN) for raw materials imports in the month of October....
By Modupe Gbadeyanka The raid on traders of foreign exchange at the parallel market by operatives of the Department of State Services (DSS) has received the...
By Modupe Gbadeyanka Few days ago, the Central Bank of Nigeria (CBN) released the list of beneficiary banks that received the $660 million it disbursed to...
By Modupe Gbadeyanka Last Friday, the Central Bank of Nigeria (CBN) sold about N51 billion Treasury bills in a bid to mop up liquidity as the...
By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, has disclosed that 30 percent of the Nigeria’s demand for foreign exchange was for fuel importation. Mrs...
By Modupe Gbadeyanka Barely 24 hours after it recorded a sharp decline, the Naira regained strength against the Dollar at the parallel market today to close...
By Modupe Gbadeyanka Currency traders on Wednesday in Lagos became apprehensive as the Naira depreciated thrice in six hours at the parallel market The traders were...
