Currencies

In the on-going debate on whether or not to devalue the currency in the face of Nigeria's forex  shortage caused by...

Zenith Bank Nigeria Plc released its 2015 9 Months results showing profits rose 20% year on year to N104 billion....

Nigeria will have to devalue the naira and loosen monetary policy to stimulate the economy, former Central Bank Governor and...

Nigeria's external reserves dropped to about $30.04 billion as at Friday October 16th 2015 according to data available on the website...

After weeks of free falling against the Dollar, the Naira on Wednesday firmed against the dollar at the parallel market....

The Central Bank of Nigeria strengthened its exchange rate peg slightly to 196.98 naira against the dollar on the interbank...

 Inflow of foreign exchange  into Nigeria fell by N678bn ($3.39bn) between January and June this year, findings from various quarterly...

After months of insisting that its outstanding invoices would have to be paid in U.S. Dollars, Manitoba Hydro International Nigeria...

Something uncomfortable is happening at the CBN. The CBN governor is doing literally everything to defend the currency, and this...

Nigeria's central bank weakened its exchange rate peg slightly to N197 against the dollar on Monday from 196.50 it set...