[ABTM id=4963] . Telling people to buy shares in a falling stock market sounds like asking a sleepy market analyst to take an extra cup of coffee; a sure prescription…
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Category: Economy
( Updated) CBN crashes dollar rate, pumps $185m into FOREX market
Chidi Samuel || The Central Bank of Nigeria(CBN), Monday continued its drive to shore up the value of the Naira against the dollar by directing banks to immediately begin the…
Read More ( Updated) CBN crashes dollar rate, pumps $185m into FOREX market
Senate begins investigation into N4trn revenue loss in Nigeria Customs
Chairman of the Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, has announced a probe into an alleged N4 trillion revenue leakage in the Nigeria Customs Service from…
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Naira strengthens against dollar, trades at N380/$1
The Naira closed the week stronger on Friday at the parallel market, as it consolidated its position against the US dollar. The Naira was traded at N380 to $1 on…
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FOREX: Dealers pick $81.3m out of $100m offered by CBN
Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of $100 million earlier offered at the interbank market…
Read More FOREX: Dealers pick $81.3m out of $100m offered by CBN