By Cowry Asset This week, in line with our expectation, the Naira/Dollar exchange rate was relatively stable week-on-week at the interbank market (NIFEX), Bureau De Change...
By Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) injected $250 million into the interbank foreign exchange market. In the wholesale...
By Modupe Gbadeyanka The Nigerian local currency suffered a huge shock on Tuesday after falling to N485 per Dollar at the parallel market. The crash, according...
By Modupe Gbadeyanka Exchange rate for Bureau De Change (BDC) operators in the country has been raised by the Central Bank of Nigeria (CBN) to N385...