Naira losing strength as ex-CBN director faults new FX measures
The naira is losing its resistance against the dollar a few days after it gained some margin at the parallel market. At the weekend, the naira retreat...
The naira is losing its resistance against the dollar a few days after it gained some margin at the parallel market. At the weekend, the naira retreat...
The Central Bank of Nigeria has introduced a scheme that would offer a reward of five naira for every $1 sent by Nigerians living abroad through inter...
Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour has warned....
Nigeria’s 5 years onshore Non-Deliverable forward contract posted its biggest drop by plunging 27% to from N413.36 to close at N569.69 a pri...
The Nigerian currency on Tuesday strengthened slightly against the US dollar across foreign exchange markets. At the Bureau De Change (BDC) segment an...
The Central Bank of Nigeria (CBN) has revealed plans to start recycling about 100 tons of paper banknote wastes generated weekly across the country. T...
Nigeria can reduce its level of unemployment and fight poverty if the potential in the foreign exchange (fx) market is fully explored, FX expert has s...
The Central Bank of Nigeria (CBN) has declared that Nigeria currency (Naira) exchange rate is now floated, which implies that the Naira exchange rate ...
Nigeria’s debt office said on Thursday it expects the government to approve total borrowing of 1.649 trillion naira ($5.39 billion) in 2019. Half the ...
South Africa has increased its minimum wage to N126,480 per month. The news is coming at a time Nigerian workers are uncertain their struggle for a N3...