FOREX

Despite the resumption of for. Sales to the Bureau de Change operators by the Central Bank of Nigeria (CBN), the Naira continued its free fall on Tuesday, exchanging at N460 to a dollar in the parallel market. It had earlier…

Following Central Bank of Nigeria’s announcement on Thursday to resume forex sales to the Bureau De Change segment of the market, naira gained slightly on Friday, exchanging for N470/$ in the parallel market. The naira had exchanged…

Irked by the country’s rising inflation rate currently at 12.82 per cent, experts have urged the Central Bank of Nigeria (CBN) to quickly stabilise exchange rate at the parallel market and Bureau De Change by ensuring foreign exchange…