Our position on naira redesign, arrest of traders by EFCC – BDCs association president
The EFCC arrested dozens of black market currency traders on Tuesday in Abuja in a bid to halt the slide ...
Tag: Bureau De Change (BDC)
Naira stable at official forex market
Naira maintained stability at both the official and unofficial markets on Friday.
Naira Fall: Senate summons CBN governor but embarks on two months break
"As of yesterday, exchange rate was 670 (naira to a dollar). And this afternoon it has gone up to 716," ...
CBN: Moving against “rentierism”, By Sam Ekpuk
In coming to grasp with policy optionsfor taming the challenge of multiple exchange rates, CBN must plug Parallel Market Fx ...
Stanbic IBTC reports N83bn profit for 2020; declares dividend, bonus
The company declares its highest dividend since 1989.
Naira slumps despite resumption of forex sales to BDCs
The Nigerian currency last Friday appreciated from N480 against the United States’ dollar to N420.
CBN resumes dollar sales for SMEs, school fees
The CBN said it was resuming with the provision of over $100 million per week for both categories.
Coronavirus: CBN suspends sales of forex to BDCs
The CBN announced the suspension of the sale to BDCs in a letter dated March 25, 2020.
Forex intervention: CBN injects $325.5m into retail market
The CBN says the dollars intervention was for agricultural machineries and industrial raw materials, while the Chinese Yuan was for ...
![Imported Beverages used to tell the story.[PHOTO CREDIT: Naira Metrics]](https://media.premiumtimesng.com/wp-content/files/2019/09/Imported-Beverages.jpg)
Beverages, baby food, other edibles that could be affected by Buhari’s Forex directive
The president said foreign currencies should no longer be provided by banks for importation of food items into Nigeria.
Naira closes at N359.3 to dollar at parallel market
The Pound Sterling and the Euro closed at N450 and N396, respectively.
![Dollar and Naira bills [Photo credit: NairaFX]](https://media.premiumtimesng.com/wp-content/files/2016/11/Bureau-de-Change.jpg)
Naira closes at N359.3 to dollar at parallel market
The Pound Sterling and the Euro closed at N463 and N407 respectively.
Naira converges around N360/$ at major Forex markets
The Pound Sterling and the Euro closed at N465 and N401.
Naira exchanges at N359.4 to dollar at parallel market
The Pound Sterling and the Euro closed at N465 and N404, respectively.
Naira closes at N360.35 to dollar at investors’ window
Market turnover at the window stood at N152.09 million dollars.
Naira gains against dollar at parallel market
The Pound Sterling and the Euro closed at N470 and N402, respectively.
Naira closes at N360.13 to dollar at investors window
The Nigerian currency remained stable closing at N358 to the dollar at the parallel market in Lagos.
Naira appreciates against dollar at I&E window
The Nigerian currency exchanged at N360.00 to the dollar from the N361.18 it traded on Wednesday.
Naira appreciates marginally against dollar at parallel market
The Nigerian currency gained N1 to exchange at N358 to the dollar at parallel market.
Naira gains marginally against dollar
Traders say the market witnessed low patronage, which they attribute to the election week.
Naira gains against dollar at I & E window
The Nigerian currency gained 28 Kobo to exchange at N361.67 to the dollar at the investors window, stronger than N361.95 ...
Naira stable at N360.5 to dollar at parallel market
The Pound Sterling and the Euro closed at N469 and N408 respectively.
Naira loses marginally against dollar at parallel market
The Nigerian currency exchanged at N362.5, weaker than N362 traded on Wednesday.
Naira loses marginally against dollar at parallel market
The Nigerian currency traded at 50 Kobo, weaker than N360.5 traded on Wednesday.
Naira appreciates against dollar at investors’ window
The Nigerian currency exchanged at N363.90 to the dollar and stronger than N364.23 posted on Wednesday.