Tag: BDC

Speculative attacks fuel depreciation of Naira against USD

inno.korie- May 21, 2018

The announcement of a currency- swap deal between Nigeria and China has compelled speculators to make last minute plans to wreck havoc on the naira ... Read More

Exchange Rate Latest: Naira Makes New Gains Against The Dollar

Arowobusoye Samuel- May 4, 2017

Fabian Ekeruche, NAN: The naira on Thursday appreciated marginally against the dollar at the parallel market at N390 to the dollar, according to NAN reports. ... Read More

Naira makes New Gains in the Battle Against the Dollar

Arowobusoye Samuel- April 21, 2017

The continuous flooding of the foreign exchange market with dollars has crashed the currency against the local currency, Naira. The Naira firmed up at the ... Read More

Dollar Loses To The Naira, Closed at 398 Naira to Dollar

Arowobusoye Samuel- April 19, 2017

Fabian Ekeruche: The Naira firmed against the US dollar at the parallel market on Tuesday, closing at N398 to the dollar, as the Central Bank ... Read More

CBN Raises New Modalities To Supply FOREX To BDCs For Forwards

AMT Tanimu- March 30, 2017

In line with its pledge to sustain liquidity in the foreign exchange market, the Central Bank of Nigeria CBN) will from Monday, April 3, 2017 ... Read More

Naira gains ground as CBN pumps $195m

Abdul Jimoh- March 15, 2017

CBN Governor, Godwin Emefiele Pumps 195m Into The Market NAN, Abuja; The Central Bank of Nigeria (CBN) on Tuesday sustained the supply of foreign exchange ... Read More