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...
By Modupe Gbadeyanka Exchange rate for Bureau De Change (BDC) operators in the country has been raised by the Central Bank of Nigeria (CBN) to N385...
By Modupe Gbadeyanka Nigeria’s local currency, the Naira, finished well on Monday on the parallel market against the Dollar with an appreciation of N5 or 0.90%....
By Modupe Gbadeyanka A Special Secondary Market Intervention Retail Sales (SMIS) has been approved by the Central Bank of Nigeria (CBN) for airlines operating in the...
By Modupe Gbadeyanka The Naira picked up a N2 gain against the Dollar at the parallel market on Tuesday, boosting confidence of some Nigerians that better...
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...
