Naira

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,…

External forces to weigh on naira, as economic calendar remains light ahead of elections

An appreciating dollar, prospects of higher US interest rates, jitters ahead of the 2019 general elections and geopolitical tensions across…

CBN moves to stabilize naira, pumps $543m, ¥63m into forex market

*Retail segment receives $323m boost *Wholesale segment gets $100m *SMEs, Invisibles get $55m each In another major round of interventions,…

Nigerian currency trades flat on the streets, appreciate marginally at IEW

...as OMO worth N313.56bn mature Thursday The exchange rate of the Nigerian naira to the American dollar remained unchanged at…

Nigeria’s naira down 0.28% at parallel market as CBN mops up N215.98bn via OMO

The Nigerian naira was down 0.28 percent against the United States dollar at the unofficial street currency market on Thursday…

African economy needs more usage of Chinese yuan, financial expert says

There has been a general consensus among some eastern and southern African countries that there should be more usage of…

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