The naira Tuesday had mixed fortunes at the foreign exchange market, appreciating by 0.27 percent at the parallel and recording marked

The Central Bank of Nigeria (CBN) injected $413.5million into the inter-bank Foreign Exchange market Monday. “The CBN offered the sum

Analysts at FSDH Research have projected that Nigeria’s May 2017 inflation rate (year-on-year) may drop to 16.13% from 17.24% recorded

Nigerian stocks slipped for the first time in two weeks after some investors decided to book profits from a rally that had pushed the

The Nigerian currency, the naira, has historically lost value of up to 99.7 percent relative to the United States dollar since it was

*Reserves fell 0.89% in a month Nigeria’s foreign exchange reserves fell by 0.89 percent to $30.49 billion on May 25, 2017 from

Naira weakens past black-market rate in Nigeria’s new exchange Forex window used by hedge funds and institutional investors Nigeria’s