By Modupe Gbadeyanka A public forum discussing foreign exchange policy of the Central Bank of Nigeria (CBN) was recently held and participants highlighted some of the...
By Modupe Gbadeyanka The Nigerian local currency, Naira, gained five points on the parallel market, closing at N455 per Dollar, while the Pound Sterling and the...
By Modupe Gbadeyanka The Naira appreciated on the parallel market on Wednesday thanks to the low demand for the Dollar. At the close of activities yesterday,...
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 Barely 24 hours after it recorded a sharp decline, the Naira regained strength against the Dollar at the parallel market today to close...
By Quantitative Financial Analytics NIFEX Spot The FMDQ NIFEX Spot decreased by N2.50 or 0.78% ending the day at a rate of N317.5 against the previous...
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...
By Mutual Funds Nigeria NIFEX Spot The FMDQ NIFEX Spot decreased by N1.69 or 0.53% ending the day at a rate of N316.875 against the previous...
By Dipo Olowookere The Federal Airport Authority of Nigeria (FAAN) has been directed to denominate all charges in local currency, Naira. This order was given by...
By Quantitative Financial Analytics The daily trading volume of Nigeria Settled FX currency futures has plunged over the past weeks as the original excitement that greeted...
