Experts have projected sustained low activity in high yielding fixed income investment instruments as financial institutions save funds to take position in the forex market via...
The Central Bank of Nigeria (CBN) on Tuesday injected another sum of $100 million into the interbank foreign exchange market, its acting Director, Corporate Communications, Isaac...
As part of its continued effort to ensure improved economic growth and achieve a market-determined exchange rate regime, the Economic Recovery and Growth Plan 2017-2020 has...
The greenback on Monday crashed against the Naira, as the Nigerian currency gained 5 points at the parallel market.
The Central Bank of Nigeria (CBN) has directed Money Deposit Banks to henceforth process and meet the demand for dollars and other foreign currencies within 48...
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation, Newsverge reports.
Zenith Bank Plc has released its fourth quarter 2016 financial year results which shows a tremendous performance in the bank’s activities for the year.
The market indicators of the Nigerian Stock Exchange (NSE) on Wednesday dropped further by 0.58 per cent, due to profit taking.
Activities on the Nigerian Stock Exchange (NSE) on Tuesday closed negatively with the market indices dropping by 0.18 per cent in spite of heavy turnover.
The Nigerian Economic Summit Group (NESG) on Tuesday said the current fall in the naira to dollar exchange rate might not be sustainable without a truly...