By Adedapo Adesanya The Naira suffered a loss against the United States Dollar in the foreign exchange (forex) market on Monday amid a shortage in FX...
By Adedapo Adesanya The Naira strengthened against the United States Dollar by 3.6 per cent or N59.71 at the Nigerian Autonomous Foreign Exchange Market (NAFEX) on...
By Adedapo Adesanya The value of the Naira to the Dollar improved in the official and parallel market segments of the foreign exchange (FX) market on...
By Dipo Olowookere In a move to defend the value of the Naira against the United States Dollar in the parallel market segment of the foreign...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has granted 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP) as part of efforts to double...
By Adedapo Adesanya The Naira pulled a 2.6 per cent or N39.33 appreciation against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya The Nigerian Naira closed the midweek session with a loss against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya An American investment bank, JP Morgan, has said the major reason why Nigeria’s foreign exchange market remains illiquid is that despite the liberalisation...
By Adedapo Adesanya The Naira depreciated against the US Dollar in the Peer-2-Peer (P2P), parallel market, and the Investors and Exporters (I&E) segments of the foreign...
By Dipo Olowookere Over a year ago, the Central Bank of Nigeria (CBN) announced that it was coming up with an initiative designed to attract $200...