Currencies

The exchange rate on the parallel market took a major hit yesterday after it traded at about N313 in some...

President Buhari who is visiting in Kenya last night once again reiterated his opposition to a devaluation of the Naira....

The Naira is currently going through one of its darkest times in the parallel market. Above is the path the...

I got a lot of stick from accountants from the last article I wrote so I start by tendering an...

Nigerians banks have started sending out emails to their customers informing them that they will no longer be allowed to...

The CBN last week lifted its ban on foreign currency deposits a restriction it placed earlier in August 2015 as...

The consequences of the Central Bank of Nigeria (CBN) ban on the sales of forex to Bureaux De Change (BDC) operators,...

The Central Bank yesterday laid out its reasons for banishing BDC operators from its official window further confirming the arbitrage...

The Central Bank of Nigeria called a press conference on Monday announcing that it will be stopping the sale of...

The Naira this week hedged up slightly against the dollar at the parallel market amid calls for the apex bank to...