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Naira Quoted at 253/$ as Interbank Market Opens Today

As the new foreign exchange policy of the Central bank became effective this morning, the Naira was quoted at 253 against the U.S. dolla...

ederal Reserve Chair Janet Yellen told the Economic Club of Washington on December 2, 2015 that, after many months of the buildup to a ra...

The Dollar sharply appreciated across the board during trading last week following Janet Yellen’s firmly hawkish comments which elevated...

PRESIDENT Muhammadu Buhari’s currency swap and the whopping sum of $6 billion approved for the Federal Government by the Republic of C...

I WAS at the main market in Uyin-Ekiti last Sunday February 27. Uyin is one of the towns in Irepodun Local Government of Ekiti State. ...

According to politician and businessman, Ifeanyi Ubah, the exchange rate as of this evening has dropped to N310 to $1. According to him, ...

The country may experience another round of petrol scarcity soon if the naira continues to depreciate in value, particularly against th...

The naira on Friday strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to excha...

The dollar held steady on Wednesday after upbeat US inflation figures all but sealed the case for a Federal Reserve interest rate hike, a...

The dollar broadly rose against its major peers Friday as a key Federal Reserve meeting draws closer with policymakers expected to announ...

The naira on Wednesday continued to depreciate at the parallel market as it exchanged for N249 to the dollar. The News Agency of Nigeri...