The Naira on Tuesday gained 2.3 points to appreciate against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.
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The PricewaterhouseCoopers says that increased foreign exchange demand ahead of the 2019 general election might make the Naira to weaken – The professional services firm projects that exports are likely to outpace imports on strong oil export revenues
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The naira is likely to remain stable against the United States dollar next week as demand for the greenback weakens whenever the unit trades below 360 per dollar. Foreign exchange traders said most forex users were not willing to source dollars weaker than N360 at the Investors &
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The governor of the Central Bank of Nigeria, (CBN ) Godwin Emefiele is bullish about the naria.
According to him, the naira is now stable due to improvements in the country's economy.
“The fundamentals we are seeing show that there is a lot of stability in the foreign exchange market, and...
The Nigerian senate has vowed to publish the names of importers and banks involved in a forex fraud amounting to N30tr.
Chairman of the Senate Committee on Customs, Sen. Hope Uzodinma, said this after a meeting with representatives of all commercial banks, the Central Bank of Nigeria (CBN) and...
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