Nigeria’s multiple exchange rates are heading for near-term convergence on the back of growing positive sentiments in the

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