naira soars

Naira Soars Against Dollar Across Most Market Segments

October 27, 2017

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

Economy

Naira Gains N12 Against Dollar, Pound, Euro at Black Market

October 5, 2017

Modupe Gbadeyanka

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

Economy

Naira Soars Against Major Foreign Currencies at Black Market

August 31, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The Nigerian currency yesterday performed well at the parallel market by recording a slight appreciation against major foreign currencies at the

Economy

Naira Closes Week N365/$ at Parallel Market

August 5, 2017

Dipo Olowookere

By Dipo Olowookere On Friday, August 4, 2017, the Naira closed for the week at the rate of N365 per Dollar at the parallel

Economy

Banks to Begin Dollar Loans as Naira Soars

June 19, 2017

Modupe Gbadeyanka

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,

Economy