Deposit money banks (DMBs) are still charging their customers parallel market rates for foreign exchange transactions done via the bank’s naira debit cards, TheCable can report. Many banks are transacting at
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The Naira on Monday depreciated further against the dollar at the parallel market, losing N2 to exchange at N347 to the US currency. The currency had traded at N345 to
The Nigerian Stock Exchange (NSE) surged noticeably on Tuesday, hitting a fresh 2016 high after the jitters of the first
The Central Bank of Nigeria (CBN) has cleared the existing foreign exchange demand to allow the naira effectively reflect market