Reports reaching Nairametrics indicates the CBN has instructed bidders at its Secondary Market Intervention Sales (SMIS) to increase their bidding...
Read moreDetailsAt the black market, the naira appreciated marginally by N1 to a dollar to close at N461 to a dollar.
Read moreDetailsGlobal investors and currency traders are predicting futuristic gains for the greenback.
Read moreDetailsThe volatility and uncertainty of the forex market seem to persist due to liquidity shortages across markets.
Read moreDetailsMember of the Financial Services Committee asked to know what digital dollars had to do with financial inclusion.
Read moreDetailsThe volatility and uncertainty of the forex market seem to persist due to liquidity shortages across markets.
Read moreDetailsIMF's data showed that global reserves dipped to $11.731 trillion from $11.824 trillion in Q4 2019.
Read moreDetailsForex shortages have persisted since the crash in oil prices coincided with the global lockdown.
Read moreDetailsThe American Dollar Index tracks the dollar’s strength relatively against a bouquet of other major currencies.
Read moreDetailsThe rise in demand and contrasting drop in supply has called for another round of devaluation...
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