The naira continued its downward trajectory on Tuesday, depreciating to N1,493.2 per dollar in the official market following the Central
The naira came under renewed pressure in the official foreign exchange market, driven by heightened demand for foreign currency, particularly
In an unexpected turn of events, the U.S. Dollar has weakened against major currencies like the Pound and the Euro
Gold traded strongly on Friday on the floor of the London Stock exchange. The precious metal benefited from safe-haven demands
The United States may be unintentionally pushing the world to ditch the dollar as the global reserve currency, according to
Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled
Market analysts at CSL Stockbrokers predict there will be no significant change in the direction of the Nigeria equities market
The exchange rate at the Nigerian Investors and Exporters’ (I&E) Window closed at N394/$1 on Monday, January 4, 2021, following
In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings
The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462
The Central Bank of Nigeria’s measures to address Nigeria’s naira continued plunge appears ineffective as the currency weakens further against
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