By Cowry Asset In the just concluded week, the local currency appreciated week-on-week in most foreign exchange market segments. The Naira appreciated against the U.S. Dollar...
By Modupe Gbadeyanka The Nigerian local currency performed excellently yesterday at the parallel market against the major foreign currencies, gaining a total of N12 against the three...
By Modupe Gbadeyanka The Nigerian currency yesterday performed well at the parallel market by recording a slight appreciation against major foreign currencies at the market. Specifically,...
By Dipo Olowookere On Friday, August 4, 2017, the Naira closed for the week at the rate of N365 per Dollar at the parallel market, Business...
By Modupe Gbadeyanka There are strong indications that Deposit Money Banks (DMBs) in the country will soon begin to raise Dollar-denominated loans, particularly Eurobonds, as the...
By Modupe Gbadeyanka The Naira appreciated further at the parallel market on Tuesday, exchanging at N457 to the Dollar in contrast to N460 it went for...
By Dipo Olowookere The release of more Dollars into the foreign exchange market by the Central Bank of Nigeria (CBN) has continued to yield meaningful results....