Tag: Exchange rate

Naira gains against dollar at parallel market

inno.korie- June 27, 2018

The Naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from N360 exchanged on Tuesday. The ... Read More

Naira Steps Up Against Dollar at Parallel Market

Henry Solomon- June 13, 2018

The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos. The Nigerian currency exchanged at N361 to ... Read More

Naira, On Monday Remains Stable At The Parallel Market

Henry Solomon- August 28, 2017

The Naira on Monday remained stable at the parallel market, exchanging at N367 to a dollar. The Nigerian currency maintained its Friday rate, while the ... Read More

Naira gains five points against the dollar

inno.korie- April 20, 2017

The Naira on Thursday strengthened against the dollar in all the major segments of the market, the News Agency of Nigeria (NAN) reports. At the ... Read More

ABCON President Explains Why Naira Falls Despite CBN’s Recovery Measures

Henry Solomon- April 1, 2017

Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has blamed the recent depreciation of naira on the speculators’ onslaught ... Read More

Naira appreciates against the dollar

Arowobusoye Samuel- August 2, 2016

Reuters Africa(Lagos): The Nigerian naira closed at 310.50 against the dollar on Tuesday, firmer than previous close of 315.50, Thomson Reuters data showed. The local currency ... Read More

FEATURED: The Common Man’s Guide To The New CBN Forex Policy, As Explained By A Local Butcher

Arowobusoye Samuel- June 18, 2016

Last week the CBN through its Governor, Godwin Emefiele, released new guidelines for exchange rate policy for Nigeria. We saw words like "float", "market-driven", "More ... Read More

CBN Introduces More Flexibility in Nigeria’s Exchange-rate Policy

Arowobusoye Samuel- June 15, 2016

Headquarter, Central Bank of Nigeria, Abuja, Nigeria. Governor of the Central Bank of Nigeria, Godwin Emefiele, at an address titled "Framework for Re-introduction of Managed ... Read More

The Three Changes Nigeria Needs – President Muhammadu Buhari

Henry Solomon- June 14, 2016

Muhammadu Buhari, President, Federal Republic of Nigeria. WSJ(New York): Nigeria is at a crossroads. Just over a year ago, people voted in a historic democratic ... Read More

Naira/Chinese Yuan Swap Will Boost Economy – Bureau De Change

Henry Solomon- April 16, 2016

Alhaji Ibrahim Yelwa, a bureau de change operator in Sokoto, says the recent currency swap agreement between Nigeria and China will boost bilateral trade between ... Read More

Naira Maintains Exchange Rate At N322 to Dollar In 2 Days, Highest In 3 Months

Henry Solomon- March 30, 2016

The Naira maintained its exchange rate at N322 to a dollar 2 days after Easter break. It also remained firm against the two other major currencies, ... Read More

Seme Border Customs Command Generates N160M Revenue in 2 Days

Henry Solomon- February 6, 2016

Officers of the Nigerian Customs Services ( Photo: Internet)   Area Controller, Nigeria Customs Service (NCS) Seme Border, Victor Dimka, , said that the command ... Read More

Finance Minister Briefs Media On Budget Implementation

Henry Solomon- May 6, 2015

Leah Katung Babatunde The Minister of Finance and Coordinating Minister for the Economy Dr Ngozi Okonjo Iweala says Nigerians should brace up for tough times ... Read More