Official FX Rate to Hit N800/$1 Soon—EIU
Adedapo Adesanya By Adedapo Adesanya The Economic Intelligence Unit (EIU) has predicted that the Central Bank of Nigeria (CBN) will…
Official Exchange Rate
Official Exchange Rate Now N464.42/$1 As Customers Bid As High As N632/$1
By Adedapo Adesanya The Naira depreciated against the US Dollar in the Investors and Exporters (I&E) window of…
Gap Between NAFEX, Parallel Market Rates Will Worsen FX Scarcity
Aduragbemi Omiyale By Aduragbemi Omiyale The current foreign exchange (FX) scarcity will worsen if the Central Bank of Nigeria (CBN)…
CBN Devalues Naira, Adopts I&E as Official Exchange Rate
Dipo Olowookere By Dipo Olowookere The Central Bank of Nigeria (CBN) has again devalued the Naira as the country moves…