Naira exchange rate

Bridging inter-bank, parallel market rate: The CBN dilemma

 Racheal Ishaya, News Agency of Nigeria (NAN) Analysis 2016 has been a tough year for…

Lagos traders panic as Naira depreciates thrice in 6 hours

Currency traders on Wednesday in Lagos became apprehensive as the Naira depreciated thrice in six…

Business community hopeful as Naira extend gains at forex market

Some businessmen in Lagos on Thursday expressed hope that the economy would soon rebound as…

Key points in Central Bank of Nigeria’s ‘float’ of the naira

The Central Bank of Nigeria, CBN, on Wednesday announced a "purely" market-driven" window for interbank…

Nigeria ditches naira peg, introduces floating exchange rate

(Reuters) - Nigeria's central bank will open a "purely" market-driven window for interbank foreign exchange…

Unlicensed BDCs cause of Naira woes

Alhaji Aminu Gwadabe, President, Association of Bureau de Change Operators in Nigeria, said unauthroised persons…

Naira gains, Dangote Cement, Seplat drag down stocks

Nigerian stocks fell to a four and half months low on Monday, undermined by heavyweight…