Dipo Olowookere The naira is expected to make a surprise recovery from today as Travelex, a global foreign exchange (forex) dealer, begins the sale of $15,000...
By Modupe Gbadeyanka At the interbank market on Wednesday, October 5, 2016, the Naira appreciated by 9.97 points to exchange at the rate of N310.24 to...
By Modupe Gbadeyanka Nigeria has been advised by the European Union (EU) to devalue the Naira so as to revamp the country’s ailing economy. Speaking with...
By Modupe Gbadeyanka Nigeria’s currency, the Naira, continued its free fall on Wednesday, slumping to a new all-time low of 470 to a Dollar on the...
By Modupe Gbadeyanka Nigeria’s currency, Naira, slumped to 450 per Dollar at the parallel market on Tuesday after it traded N445 per Dollar the previous day....
The downward fall of Nigeria’s currency, the Naira, continued on Monday, losing five points at the Bureau De Change (BDC) to trade at N445 against the...
By Modupe Gbadeyanka On Friday, September 23, 2016, the Naira appreciated against the dollar at the interbank market, closing at N307.79. This was against the N313.07...
By Dipo Olowookere The Nigerian foreign exchange market has in recent times been facing challenges as the naira has lost close to 40 per cent in...
The Naira, on Friday, August 26, 2016, recorded a record low of 412 to a dollar on the parallel market commonly called the black market. This...
The Nigerian government has placed orders for the massive importation of kerosene into the country, Punch reports. This is in a bid to check the arbitrary...