Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...
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Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...
The value of the Nigerian naira continued to decline, reaching N1,500 per U.S. dollar in the official currency market on Thursday.
Brewers operating in Nigeria are anticipating a more profitable year devoid of volatility and a boost on their operational ...
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
The naira made a significant recovery in the parallel market, appreciating by N5 against the US dollar on Monday. It ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
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