Currencies

The dollar closed today at the interbank at N180.10 dropping 2.96% from previous day close. It is still about N8...

The Budget office finally released the full transcript of the 2015 Budget speech which is much more comprehensive than the...

A few calls to black market operators in Ikoyi confirm the dollar was trading at between N192 to N193. The...

They have come again! The Minister of Finance, Ngozi Okonjo Iweala last week presented the 2015 Federal Budget. The budget...

The Central Bank of Nigeria has issued a new circular targeting customers who purchase Forex from the inter-bank market. The...

The Central Bank Governor yesterday in a surprise move issued a circular instructing banks to keep a net zero position...

The naira closed higher at the interbank market today gaining 0.66% to close at N178.7 compared to its close of...

We are still getting to understand the effects of the devaluation and the continuous depreciation of the naira on the...

Nigeria's foreign reserves fell to $35.95 billion by Dec. 8, down 19.3 percent from a year earlier as the central...

The CBN Monetary Policy Committee agreed to devalue the naira back in November following massive pressures that have had the...