Disturbed by the latest depreciation of the Naira against major foreign currencies, the Senate through its Committee on Finance, has said that it is exploring...
Tag - Depreciation
The Association of Bureaux De Change Operators of Nigeria has revealed plans for a unified retail end of the foreign currency market to tackle the recent Naira...
Trading activities on the floor of the Nigerian stock market declined on Tuesday, making investors lose N200 billion amid the recent Naira depreciation against...
The Naira continued its depreciation against the US dollar at the close of the official foreign exchange market on Friday, days after Binance’s discontinued...
The supply of US dollars at the foreign exchange market plunged by 42 per cent to 168.98 on Wednesday, days after Binance announced the existence of the...
The naira tumbled against the US dollar at the foreign exchange market on Friday amid the continued raid of Bureau De Change operators by the Economic and...
The Naira returned to a depreciation trend against the US Dollar at the official exchange market on Thursday despite the Economic and Financial Crimes...
The naira crashed to an all-time low against the US dollar, at the official and parallel foreign exchange markets, worsening the nation’s FX crisis. Data from...
The Nigeria Governors’ Forum, NGF, has appealed for an urgent discussion among stakeholders to address the food inflation, naira depreciation and rising...
Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso has said that the apex bank will soon introduce a new set of foreign exchange laws and guidelines to...