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Naira nears 1,000/$ at parallel market

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The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at the parallel market at...

Steady dollar supply pushes naira to 1,262/$

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The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the...

Dollar Crisis: FG Urged To Harness Foreign Remittances, Informal Markets

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The federal government has been advised to fine tune how foreign remittances are being managed in order to save the naira which has been...

CBN orders banks to sell excess dollars in 24 hours

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Amid its fresh moves to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their...

Naira-dollar exchange rate falls to N1,040 in parallel market

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exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend of demand surpassing supply seems to...

Naira weakens to N950/dollar as forex scarcity worsens

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The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market. Bureau de Change operators who spoke to The...

Ganduje’s dollar bribery video not doctored – Forensic analysis

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A forensic analysis has declared that the content of the 2017 viral video which captured former Governor of Kano state, Abdullahi Umar Ganduje, allegedly...
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