S/N PARALLEL MARKET BUY SELL 1 NAIRA/DOLLAR 355 345 2 NAIRA/POUND 505 495 3 NAIRA/EURO 400 395
Nigeria will float the naira on the interbank FX market, when trading begins on 20 June, in a single market structure. This will release a pressure...
The Central Bank revealed guidelines for its new flexible exchange rate policy on Wednesday following the press conference by the CBN Governor, Godwin Emefiele. One of...
While the adoption of a flexible foreign exchange policy by the Central Bank of Nigeria (CBN) has been applauded by investors and market participants, a market...
So whose economy will be the top dog in Africa when the interbank market opens on Monday?
As the excitement trailing the news beings to dissipate speculations will shift towards what price the dollar might sell for when the new interbank market eventually...
Finally! Trading closed on a positive note as all share index rose 3.17%
Another bad day for the Naira!
The Central Bank Governor has just announced a full float of the Naira in a press conference in Abuja. The CBN Governor informed a stunned audience...
The share price is at its highest in over 5 years!!
