The Naira depreciated sharply against the US Dollar at the official Investors and Exporters (I&E) forex window on Thursday, losing 4.82% of its value to close...
The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central Bank of...
There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange at N478/$ on Thursday instead of...
The liberalization of the diaspora remittance policy of the Central Bank of Nigeria (CBN) seemed to be impacting the country’s foreign exchange market positively as the...
The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through a buying company/agent or any other...
The Naira depreciated further at the Investors and Exporters (I&E) foreign exchange window on Monday as dollar scarcity continues to bite hard in the country. The...
