The naira, on Tuesday, appreciated by 2 percent at N490 per dollar in the parallel market, but weakened by 1 percent at N394 to the dollar in the Import &
Tag "naira"
The Central Bank of Nigeria (CBN) has directed bureau de change operators in the country not to sell dollars higher than N392 to end users. In a circular signed by
Africa’s largest economy has descended into its second recession in less than five years as oil production dropped to a four-year low. Nigeria’s GDP shrank 3.62% in the three months
The federal government, Central Bank of Nigeria (CBN) and attorney-general of the federation (AGF) are battling with a suit filed
Muhammed Sanusi, former governor of the Central Bank of Nigeria (CBN), says the devaluation of the naira will continue unless
The Association of Bureau de Change Operators of Nigeria (ABCON) says the N2 profit margin that comes with exchanging the
The naira continued its rally against the dollar at the parallel market section of the foreign exchange market. Bureau de
The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN)
Guaranty Trust Bank (GTB) has lowered the international spending limit on its naira Mastercard to $100 a month. This was
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