Naira ends stable streak slightly weaker at N1,560/$1 as foreign reserves jumps to $40.7 billion
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday.
Tag: forex
Forex market volatility: Naira becoming the most unpredictable currency in the world – BDC operators
Bureau De Change (BDC) Operators, under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), have ...
Exchange rate volatility: Government payments fueling rising dollar demand – BDC operators
Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the ...
How Much Is Your N1 Million Investment Worth in Forex vs Equities vs Bonds?
Investing N1 million can yield different outcomes depending on the asset class you choose. If you had put your money ...
How much is your N1 Million investment worth in forex vs. equities vs. bonds?
This article analyzes the performance of forex, equities, and bonds to uncover how each asset class performed in 2024.
How Currency Flunctuations Shape Your Life
In this new episode of Everyday Money Matters titled "How Currency Fluctuations Shape Your Life," we explore the profound impact ...
Why The Naira Is Crashing Again
On this special edition of MoneyBrief with Ugodre, we had Joanna put the boss on the hot seat! asking him ...
AfDB offers recommendations to tackle Nigeria, Africa’s debt, forex issues
The African Development Bank (AfDB) has offered strategic recommendations for Nigeria and other African nations to address escalating debt burdens ...
New CBN guidelines allow BDC to buy forex directly from Authorized Dealers
The Central Bank of Nigeria (CBN) has revised its guidelines, permitting licensed Bureaux de Change (BDCs) to purchase foreign exchange ...
Forex volatility remains major constrain to our operations- MAN
The Manufacturers Association of Nigeria (MAN), Cross River and Akwa Ibom branch, has highlighted foreign exchange market volatility as a ...
