The peaceful outcome of the recently concluded presidential election has seen massive offloading of the United...
The naira appreciated by seven per cent to 211 against the United States dollar at the...
Most firms in Nigeria seeking to utilise and remit US dollars overseas are finding it extremely...
More Currencies News
Experts say naira devaluation imminent
Although the Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has ruled out the...
- Posted February 17, 2015
Further devaluation of naira inevitable – Rewane
Renowned financial expert and Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has...
- Posted February 13, 2015
Naira slides to 200 against dollar
These are not interesting times for the naira, which entered a free-fall mode on...
- Posted February 12, 2015
Naira hits record low 196.30 to dollar
The naira hit an all-time low of 196.30 against the dollar at the interbank...
- Posted February 11, 2015
Central Bank’s intervention at Interbank bolsters naira
The naira appreciated by N2.85 against the United States dollar at the interbank arm...
- Posted February 6, 2015
Naira rises on strong dollar inflow
The naira firmed sharply on Wednesday after the Nigerian National Petroleum Corporation (NNPC) sold...
- Posted January 30, 2015
Firm predicts further naira devaluation after elections
A research and financial advisory firm, the WSTC, Financial Services Limited has predicted another...
- Posted January 27, 2015
CBN raises BDCs’ weekly dollar supply to $30,000, stems naira’s free fall
In line with its resolve to calm the strong volatility observed in the forex...
- Posted January 25, 2015
Currency dealers move to save falling naira
Currency dealers in Nigeria wednesday agreed to halt trading if there is a more...
- Posted January 23, 2015