Naira To Drop Below N570/$ As Travelers, Businesses Resume Dollar Scramble   The naira which yesterday closed at N570/$ at the parallel market is expected to weaken further by next week as businesses resume and travelers scramble for more dollars. Findings showed that demand for hard currencies...

Naira Slides To 555/dollar In Parallel Market   The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had crashed to 540/dollar on Friday, after trading at 535/dollar on Thursday. After tumbling to 575/dollar recently, the local currency began a...

The Naira-Dollar Azonto Dance and Osinbajo’s Common Sense jab, by Abdullahi O. Haruna Haruspice    Nigeria’s Vice President, Professor Yemi Osinbajo is not an economist but whenever he speaks on economic issues, he sounds more convincing and usually filled with practical panacea. Like before, he didn’t...

Naira Crashes, Records Low At Official Market   The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday. At the Investor & Exporter foreign exchange window, the local currency opened at 413.15/$1 on Thursday but closed at...

Naira Remains Weak Across Exchange Market           The value of naira has continues to wobble across different markets even as analysts express worry that growing political activities will increase the pressure on the local currency. The troubled naira lost about 70 kobo to the dollar during yesterday’s...

Naira Exchanges For N580/$ At Parallel Market         The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel market. Some Bureau de Change operators who spoke to our correspondent said that the naira to the dollar was...