As the naira continues to plummet against foreign currencies, some Bureau de Change (BDC) operators have placed some...
The Naira hit an all time low of N345 on Monday signalling more than ever the need to...
The Central Bank of Nigeria called a press conference on Monday announcing that it will be stopping the...
Just two weeks ago it looked as if the Naira was heading to N250 as calls for another...
Commercial Banks in Nigeria have now stopped receiving cash deposits in dollars. This is another bold move by...
Ghanaian businessmen and other African countries are invading the Nigerian foreign exchange market. This information was disclosed by...
Presco Plc has commended the Central Bank of Nigeria (CBN's) policy to ban foreign exchange sales to certain...
Following the Central Bank of Nigeria’s decision to place rice among 41 items not valid for foreign exchange....
The pressure on the Central Bank of Nigeria (CBN) to devalue the naira due to dwindling foreign exchange...
Nigeria spent a total of N1.18 trillion (about $7.4 billion) on the importation of toothpicks, fish, milk, textiles,...
Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even...
The Nigerian stock market has been on a free fall over the last few weeks with the index...