Naira Exchanges At N450 To Dollar     The naira on Thursday exchanged at N450 to dollar at the parallel market as build up on dollar demand continued to rise. The naira is seen weakening on the black market as dollar demand rises from foreign investors and importers...

Dollar Sells For N445 As Forex Scarcity Persists   The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market. The extension of the ban placed on flights in the country by the Federal Government, as part...

CBN Resumes Dollar Sales For SMEs, School Fees     The Central Bank of Nigeria has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay school fees and Small and Medium Enterprises. The CBN Director, Corporate Communications, Mr Isaac Okorafor...

Dollar Sells For N450 In Parallel Market     The dollar sold for N450 in the parallel market on Friday, showing a shallow and dry reflection of the foreign exchange market. Impact of the crude oil prices which had been fluctuating, and fell to as low as $21,...

Petrol Subsidy: Oil Marketers Seek Flat Rate For Dollar   Oil marketers on Tuesday advised the Federal Government not to give special advantage to any person or group of persons in the sale of the United States dollars if it wants the removal of subsidy on...

Naira Plunges Further, Dollar Sells For N412   The dollar exchanged for N412 on Monday at the Bureau De Change segment of the market. This followed a temporary suspension of sale of forex to the Bureau De Change operators in the industry by the Central Bank of...