Economy Naira Gains N2 Against Dollar At Parallel Market October 12, 2016 Dipo Olowookere By Modupe Gbadeyanka The Naira picked up a N2 gain against the Dollar at the parallel market on Tuesday, boosting confidence of some Nigerians Read More
Economy Naira May Recover As Travelex Begins Weekly Dollars Sales To BDCs October 8, 2016 Dipo Olowookere Dipo Olowookere The naira is expected to make a surprise recovery from today as Travelex, a global foreign exchange (forex) dealer, begins the sale Read More
Economy Naira Gains Strength Against Dollar October 5, 2016 Dipo Olowookere 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 Read More
Economy EU Urges Nigeria To Devalue Naira October 4, 2016 Dipo Olowookere 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. Read More
Economy Naira Hits All-time Low Of 470 Per Dollar September 29, 2016 Dipo Olowookere 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 Read More
Economy Naira Hits N450 Per Dollar September 28, 2016 Dipo Olowookere 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 Read More
Economy Naira Sinks Deeper To N445 Per Dollar September 27, 2016 Dipo Olowookere 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 Read More
Economy Naira Gains N5.28 Against Dollar At Interbank Market September 24, 2016 Dipo Olowookere 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 Read More
Economy CBN Faces More FOREX Crisis As Naira Drops By 40% September 5, 2016 Dipo Olowookere By Dipo Olowookere The Nigerian foreign exchange market has in recent times been facing challenges as the naira has lost close to 40 per Read More
Economy Naira Hits All-time Low Of 412/Dollar August 26, 2016 Dipo Olowookere The Naira, on Friday, August 26, 2016, recorded a record low of 412 to a dollar on the parallel market commonly called the black Read More