The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to step back and allow commercial banks to determine dollar buy-sale rates to boost foreign capital flows
Tag "naira-dollar rate"
The naira has continued its downward trend, falling to N702 per dollar at the parallel market on Monday. The figure represents N10 or 1.4 percent depreciation compared to the N692
The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after security operatives raided Bureaux De Change (BDC) hub in Abuja. The development
The naira has depreciated to N615 a dollar at the parallel market ahead of a two-day holiday for Eid-el-Kabir. The figure represents N1 or 0.2 percent depreciation compared to the N614 it traded
The Nigerian naira has dropped to N614 against the dollar at the parallel section of the foreign exchange market. The
The naira, on Tuesday, depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market. Bureaux
The naira, on Friday, fell at the parallel market to N502 to the dollar as speculations continue to hamper forex