Naira appreciates to N1354/$ despite low dollar supply at official market
The naira, on Monday, appreciated against the dollar, at the official foreign exchange (FX) market, despite low dollar liquidity in...
- Tuesday, May 07, 2024
BusinessDay
The naira, on Monday, appreciated against the dollar, at the official foreign exchange (FX) market, despite low dollar liquidity in...
The foreign exchange (FX) market opened on Monday, with the naira exchanging with the dollar at 1,430 on the parallel...
The Nigerian currency, the naira, witnessed a depreciation of 5.9 per cent against the dollar month-on-month (m/m) in April, following increased demand amid low liquidity. ...
Money outside the banking system, also known as currency outside banks (COBs) rose by 10.67 percent in the first quarter...
The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to...
Mustapha Chike-Obi, chairman, Bank Directors’ Association of Nigeria, on Friday lauded the Central Bank’s latest bank recapitalisation policy but warned...
Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment...
The naira on Friday exchanged flat at 1, 380 as dollar scarcity bites at the parallel market, also known as...
The NDIC on Thursday raised the maximum deposit Insurance coverage for depositors of banks by 900 per cent to N5 million....
Sub-Saharan Africa stands to reap over 10 percent of global revenue from critical minerals such as copper, nickel, cobalt, and...
