The naira was strengthened as the commodity-based currency's major earnings, crude oil, remained above the $40 dollar mark
Read moreDetailsThe naira was weakened on the first working day of the week as it depreciated to N387.33 to a dollar at the...
Read moreDetailsFunding rates expanded significantly last week on the back of the N600 billion retail FX funding and CRR Debit.
Read moreDetailsThe performance of the naira at the I&E window, however, seems to contrast with that at the parallel market where...
Read moreDetailsAccording 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...
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