The parallel market has responded to the fresh devaluation of the naira amidst growing foreign exchange illiquidity. The local currency…
Browsing: Dollars
Central Bank of Nigeria (CBN) has said it would restart the auctioning of foreign exchange to bureau de change (BDC)…
Foreign investors have had their money trapped in Nigeria’s debt market as dollar liquidity dries up due to a lack…
The dollar exchanged for N412 on Monday at the Bureau De Change segment of the market. This followed a temporary…
The naira weakened by one per cent on the black market on Thursday to 370 against the United States dollar,…