Tag: US Dollar

The CBN instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1 per cent ...

The bloc called for increased channeling of Special Drawing Rights (SDR) from donor countries to needy countries

The CBN instructed each BDCs to sell the dollars to eligible customers at a rate not exceeding 1.5 per cent ...

The naira has continued to depreciate against the US dollar.

Fidelity Bank’s gross earnings for the period rose roughly by 60 per cent to N247.1 billion.

Although no single alternative to the dollar is likely, the shift away from a Western-led global order has begun.

Although the FG and some state governments have rolled out some palliative measures, Nigerians are groaning as they lament the ...

Analysts see the devaluation of the naira as crucial to stabilising the local currency and winning investors’ confidence.

Cost of sales, totalling N337.3 billion, gulped N60.4 billion

The rise, the highest since July 2011, was led by vegetable oil and cereals.

The alleged leakage allegedly arose from payments on account of foreign currency denominated contracts by companies.