Naira appreciates to N1,270 in parallel market
The Naira, today, Tuesday, appreciated to N1,270 per dollar in the parallel market, from N1,290 per dollar last week Thursday
Cartoon: Renewed forex dream
Cartoon: Renewed forex dream
Cartoon: ‘Sorry, it’s paper, not money; now let me breathe’
Cartoon: ‘Sorry, it’s paper, not money; now let me breathe’
FG pledges to stabilise Forex
Following the recurrent freefall of the Naira in the Foreign Exchange (Forex) market, the Federal Government has assured Nigerians that it will implement macroeconomic reforms to stabilise the market.
Naira records biggest fall in official market, depreciates to N1348/$
•As CBN releases $500m to clear more FX backlog By Babajide Komolafe, Emma Ujah & Elizabeth Adegbesan In apparent reflection of the dollar scarcity plaguing the economy, the Naira yesterday recorded its biggest fall in the official Nigerian Foreign Exchange Market (NAFEM) where it depreciated by 24 per cent to 20 N1,348 per dollar. Data from […]
CBN clears more verified forex liabilities backlog, releases $500m
Recall that the CBN, over the past few months, has released various sums in its effort to clear the backlog of foreign exchange liabilities.
