By Modupe Gbadeyanka Nigeria’s local currency, the Naira, traded at the parallel segment of the foreign exchange (forex) market on Friday, December 9, 2016, at N485...
By Modupe Gbadeyanka The Nigerian local currency suffered a huge shock on Tuesday after falling to N485 per Dollar at the parallel market. The crash, according...
By Modupe Gbadeyanka The Nigerian currency, Naira, crashed at the parallel market on Friday despite measures put in place by the Central Bank of Nigeria (CBN)...
By Quantitative Financial Analytics NIFEX Spot The FMDQ NIFEX Spot gained increased by 0.08% or N0.25 to end the day at N315.125 against the previous day’s...
By Modupe Gbadeyanka Fresh pressure has been mounted on the Naira following the decision of Central Bank of Nigeria (CBN) to cut down Dollar sales to...
By Quantitative Financial Analytics NIFEX Spot The FMDQ NIFEX Spot remained unchanged at N315.125 for the second day in a row at the end of business...
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...
