Naira depreciated against the dollar, losing 1.82 percent of its value despite rising liquidity in the official…
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Inflation: CBN increases PVS limit from 2.5% to 15%
The Central Bank of Nigeria, CBN, has announced an upward review of the Price Verification System,…
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UK signs Enhanced Trade and Investment Partnership agreement with Nigeria
The United Kingdom has signed an Enhanced Trade and Investment Partnership, ETIP, with Nigeria to boost…
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Access Holdings appoints Bolaji Agbede as Acting CEO
Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief…
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Banks dollar sale falls as naira weakens to 1,479/dollar
The total value of transactions recorded at the official Nigerian Autonomous Foreign Exchange Market fell from…
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Naira falls as strong demand gulps $465.29m FX sales
The naira fell by 0.98 percent at the official foreign exchange (FX) market on Tuesday following…
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Naira Weakens At Black Market, Rises At Official Window
The naira strengthened at the official window, but weakens at black market on Monday, after the…
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Uncertainty rules currency markets as external reserves rise
There is heightened uncertainty in the currency market over the fortunes of the Naira this week,…
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Naira’s fall: CBN moves against banks for hoarding $5billion
The Central Bank of Nigeria (CBN) hit the nail on the head yesterday. It accused commercial banks of…
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Naira Hits Record Low Of N1348.63/$ In Official Market, Parallel Rate At N1450/$
This record fall, reported on Monday, represents a significant 51.21% drop from the closing rate of…
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