Forex

Economy

CBN likely to raise interest rate again as naira declines

Plu Team -
The naira's continued slump and Nigeria's persistently high inflation are likely to force the...
Economy

Naira tumbles past 1,500 to dollar – first time in 2 months

Olawale Afolabi -
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market...
Economy

Naira tumbles after brief rally as Nigeria dollar supply falls

Olawale Afolabi -
The naira weakened Tuesday for a third straight day after a brief period of...
Economy

CBN crashes dollar rate with new sales to BDCs

Plu Team -
The Central Bank of Nigeria (CBN) has announced continued dollar sales to Bureau De...
#PriceTracker

As naira gains, Nigerians promptly ask: When will prices drop?

Olawale Afolabi -
A surge in the value of the naira has sparked a wave of optimism...
Economy

CBN’s big rate hike hasn’t helped the naira just yet. Here’s why

Olawale Afolabi -
After months of waiting, the Central Bank of Nigeria on Tuesday delivered what Bloomberg...
Economy

Street-trading of dollars banned as CBN resumes sales to BDCs

Plu Team -
The Central Bank of Nigeria has restarted dollar sales to exchange bureaus, reversing it...
Economy

Dollar: Former statistician-general Yale faults CBN’s demand control moves

Plu Team -
Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach...
Media

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Olawale Afolabi -
Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the...
Economy

Forex backlog audit reveals irregularities of $2.4 billion, says CBN

Plu Team -
The Central Bank of Nigeria (CBN) disclosed on Monday that a forensic audit of...
1234Page 2 of 4