According to the latest data obtained from the Central Bank of Nigeria (CBN), Nigeria’s foreign exchange reserves now stand at...
Read moreDetailsThe reopening of the economy is expected to put additional pressure on the naira as more businesses try to meet...
Read moreDetailsThe local currency strengthened by N0.83 against the dollar, when compared to the N386.33 to a dollar that is exchanged...
Read moreDetailsThis is naira's first major gain against the dollar since late March.
Read moreDetailsThe continuous rally of the local currency against the dollar can be attributed to the improved liquidity in the foreign...
Read moreDetailsThe Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has warned firms and individuals against patronizing the parallel market, popularly called...
Read moreDetailsThese follow recent pronouncement by the CBN that it is ready to provide forex for investors who wish to repatriate...
Read moreDetailsManufacturers have confirmed dollar scarcity is real and no one knows when this will end.
Read moreDetails“As a nation, we cannot afford to continue relying on the world for our food, education, and healthcare.” said Godwin Emefiele.
Read moreDetailsThe exchange at the start of the week was N385.33.
Read moreDetails