#Naira

Emerging market currencies, which were exposed to downside risks this week after the U.S 10-year Treasury bond yield punched above 3

by Lukman Otunuga     The Naira held its ground against the dollar Wednesday ahead of the anticipated U.S CPI reading and

The British pound sterling Tuesday weakened against a basket of world currencies, especially the U.S dollar, after the Office for

Nigeria’s central bank, CBN, said the country’s external reserves is steadily growing and currently stands at 46 billion

By Temitayo Ayetoto To ease growing scarcity of lower naira denominations particularly among small scale traders, The Central Bank of

Trading activities at the Import & Export foreign exchange window of Nigeria currency market saw the naira appreciate by 0.07

The Nigerian equities market continued its positive performance Wednesday with benchmark index gaining 0.34 percent to close at

Some investors disagree that the naira’s troubles are over for good despite the increased confidence Nigerian officials have on the

The Nigerian naira, at the adjusted interbank foreign exchange rate of N360/$1, is seen as cheap and undervalued by as high as 14