dollar
-
People & Money
Nigeria’s Poor Forex Policy Puts Equities Market in Negative Stability
Market analysts at CSL Stockbrokers predict there will be no significant change in the direction of the Nigeria equities market…
Read More » -
People & Money
Naira Appreciates at I&E Window After Another CBN Intervention
The exchange rate at the Nigerian Investors and Exporters’ (I&E) Window closed at N394/$1 on Monday, January 4, 2021, following…
Read More » -
People & Money
“If we relied only on trading money, our children would die of hunger” – Nigeria’s Forex Dealers Lament Dollar Scarcity
In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue…
Read More » -
People & Money
Dollar Shortage Poses Major Risks to Nigerian Banks – Fitch
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings…
Read More » -
People & Money
Despite CBN Interventionist Strategies, Naira Exchanges for N462
The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462…
Read More » -
People & Money
Despite Resumption of Forex Sales to Bureau de Change Operators, Naira Plunges
The Central Bank of Nigeria’s measures to address Nigeria’s naira continued plunge appears ineffective as the currency weakens further against…
Read More » -
People & Money
Analysts Predict N410/$ Exchange Rate at United Capital PLC’s Webinar
One of Nigeria’s leading financial advisory and investment banking firms, United Capital PLC, has suggested ways to cope with the…
Read More » -
Events
7.5% Interest on $1,000: Afrinvest Launches Dollar Asset for Nigerian Investors
Nigerians looking to diversify their portfolio and protect their wealth against the repeated depreciation of the naira through investment in…
Read More »
