Dollar

CBN mandates banks, BDCs, other forex dealers to accept all dollar bills from customers

Charles Abuede   Following series of complaints reaching the desk of Nigeria’s central bank governor over the rejection of the…

Naira trades N455/$1 on street, N453 at BDCs, weakens N386.17 at I&E, as bids in above N383

Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market…

Naira closes at N359.3 to dollar at parallel market

The Naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos. The pound sterling…

Dollar, yuan stronger as risk sentiment improves

The dollar index inched higher on Thursday and the Chinese currency strengthened after the Chinese central bank fixed the yuan…

Analysts forsee medium term naira instability as pressure on recurrent expenditure resurfaces

The ability to maintain the long-term stability of the naira has begun to stir concerns of investors who have expressed…

Naira gains marginally against dollar at parallel market

The naira on Monday gained 50 Kobo to trade at N358.5 to the dollar at the parallel market in Lagos,…

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