Money Market

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Naira plummets to all-time low of 472/dollar

29/9/2016/Punch ’Femi Asu The naira slumped to a new all-time low of 470 to the dollar on the parallel market on Wednesday, posting its biggest daily decline since the Central… Read more »

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Naira crashes to N465/ USD as CBN issues new directives on domiciliary accounts usage

29/9/2016/Vanguard As Naira came under fresh pressures in the parallel market Wednesday, the Central Bank of Nigeria, CBN, issued more directives restricting usage of domiciliary accounts by bank customers, apparently… Read more »

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Naira Continues Historic Low, Trades 460/$ at Parallel Market on Increased Demand

By InvestAdvocate Lagos (INVESTADVOCATE)- The naira on Wednesday hit a new historic low as it tumbled to 460 against the United States dollar at the parallel market, down from the… Read more »

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