dollar

The Dollar weakens as President-elect Donald Trump put Tariffs on hold  

The Dollar weakens as President-elect Donald Trump put Tariffs on hold

In an unexpected turn of events, the U.S. Dollar has weakened against major currencies like the Pound and the Euro… Read More

3 weeks ago

Gold Waxing Strong Against the Dollar, Implications for Nigerians Saving in Dollars

Gold traded strongly on Friday on the floor of the London Stock exchange. The precious metal benefited from safe-haven demands… Read More

4 months ago

Trump’s attack on US legal system could make the world find a dollar alternative – Report

The United States may be unintentionally pushing the world to ditch the dollar as the global reserve currency, according to… Read More

8 months ago

How to Stabilize the Naira- Dr Ayo Teriba

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled… Read More

3 years ago

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

4 years ago

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

4 years ago

“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

4 years ago

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

4 years ago

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

4 years ago

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

4 years ago

Naira Dollar Exchange Rate 2020: 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

5 years ago

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

5 years ago