News

At the interbank foreign exchange, the rupee opened at 85.53 and traded in a range of 85.48 to 85.73 before settling at 85.50 ...
This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...
Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...
Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange ...
The naira, again appreciated drastically against the dollar at the official foreign exchange market to end Wednesday on a ...
Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...
With the US dollar under pressure from Trump-era tariff policies, now may be an opportune time to consider a hedging strategy ...
The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...
Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...
At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...
Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange rate, FELIX OLOYEDE writes The exchange rate plays a significant role in ...
Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...