Naira traded at 400 for investors, traders discuss rates

The Nigerian naira traded at about 400 to the dollar in deals for investors on Monday,…

Naira dips against dollar

The naira on Thursday depreciated slightly against the dollar at the parallelmarket.The Nigerian currency lost two points to close at N390…

Naira dips slightly against dollar

The Naira on Thursday depreciated slightly against the dollar at the parallelmarket.The Nigerian currency lost two points to close at N390…

Nigeria weakens naira for investors but may struggle to draw inflows, analysts say

Nigeria has weakened the naira for investors but it may still struggle to attract dollars unless…

Again, CBN resists calls to float Naira

The Central Bank of Nigeria (CBN) has resisted calls from financial institutions in Washington to float…

Again, CBN resists calls to float Naira 

The Central Bank of Nigeria (CBN) has resisted calls from financial institutions in Washington to float…

IMF says naira is overvalued by 20% 

The International Monetary Fund (IMF) says the Nigerian naira is overvalued by about 10 percent to…

Expert predicts naira appreciation as BDCs receive more Diaspora remittances

Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) has said that…

Naira slumps to N395/Dollar

The naira on Monday depreciated further at the black market despite the commitment of the Central…

IMF urges Nigeria to start belt tightening, cut Naira curbs

Nigeria should remove currency-trading restrictions and reduce its budget deficit and debt-service costs to “sustainable” levels,…

IMF urges Nigeria to start belt tightening, cut Naira curbs

Nigeria should remove currency-trading restrictions and reduce its budget deficit and debt-service costs to “sustainable” levels,…

Naira gains 12.36 % in one week

The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last…

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