The new forex regime will negatively affect flying passengers as tickets fare will go up, the association of foreign airlines representatives of Nigeria (AFARN) said on Monday. Kingsley Nwokoma, president
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The Nigerian Stock Exchange (NSE) experienced a downturn following uncertainties around the currency situation in the Nigerian interbank market for the first trading day. On Friday, the stock exchange peaked
Following the Central Bank of Nigeria (CBN) decision to let market forces drive the position of the naira, the interbank market pushed the local currency to as high as 264
The naira recovered dramatically at the parallel market on Monday, moving from N355 on Friday to N330 at 9am on Monday as a result of the kick-off of the new foreign
The naira appreciated slightly on the parallel market on Thursday, following the decision of the Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) is suggesting that the new band for the naira, pending the direction of market
The naira appreciated against the dollar on Friday, trading at N352 from N370 it sold at the parallel market on Wednesday.
Sentiment towards the global economy was dealt a sharp blow during trading on Tuesday following the World Bank’s meek outlook
The naira weakened further against the dollar at the parallel market on Monday, exchanging at N357 for a dollar as
Lukman Otunuga, research analyst with FXTM, a leading forex broker specializing in currency, stocks and commodities trading, spoke with TheCable
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