The Naira on Monday depreciated against the dollar at the parallel market, against the expert predictions that it would firm due to forex sales to bureau de change (BDC) operators.
Tag "naira"
The naira fell to an all-time low of 350.91 to a single dollar at the interbank market on Friday morning. According to Reuters data, the local currency traded at 350.91
Nigeria can no longer boast to be the biggest economy on the African continent, as it lost the spot to South Africa after the naira plunged to new lows. With
The naira has appreciated against the dollar at the parallel market, as banks complete documentation for forex sale to bureau de change (BDC) operators. The Nigerian currency on Wednesday afternoon
The Central Bank of Nigeria (CBN) has authorised deposit money banks (DMBs) to resume sales of foreign exchange to bureau
Harisson Owoh, an accountant and bureau de change (BDC) operator, says the naira is on the path to recovery as
The Central Bank of Nigeria (CBN) has mandate Deposit Money Banks (DMBs) to sell dollars to 65,167 Nigerians at the
The naira has depreciated by over 91 percent at the parallel market in the past one year, TheCable can report.
The naira is depreciating on all fronts to trade as low as 382 to the dollar in Nigeria’s commercial capital,
Dangote Cement Plc has reported a revenue of N292 billion in the second quarter of 2016, indicating an increase of 20
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