Naira

Nigerian naira trades flat against US dollar at unofficial parallel market

The Nigerian naira closed flat against the United States dollar at the parallel foreign exchange (FX) market on Thursday at…

Nigeria naira gains 0.04% Wednesday

The Nigerian naira appreciated marginally 0.04 percent to N360.51 against the dollar at the official market Wednesday, May 02, 2018,…

Nigeria, EM currencies weaken as dollar surges while investors await ECB rate decision

Emerging market currencies, which were exposed to downside risks this week after the U.S 10-year Treasury bond yield punched above…

Naira steady against dollar ahead of FOMC minutes

by Lukman Otunuga     The Naira held its ground against the dollar Wednesday ahead of the anticipated U.S CPI…

British pound pares gains on weaker than expected UK inflation data of 2.7%

The British pound sterling Tuesday weakened against a basket of world currencies, especially the U.S dollar, after the Office for…

Nigeria’s external reserves growth steady, hit $46 billion

Nigeria's central bank, CBN, said the country’s external reserves is steadily growing and currently stands at 46 billion dollars. Isaac…

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