The Central Bank of Nigeria (CBN) said the country’s economy is exposed to the fluctuation of prices and rates in the petroleum market and the foreign...
The Major Oil Marketers Association of Nigeria (MOMAN) has disclosed that the exchange rate used to determine the price of Premium Motor Spirit (PMS) is N825/$1....
The President of the Association of Distributors and Transporters of Petroleum Products (ADITOP), Lawan Dan-Zaki, has stated that the foreign exchange (Forex) rate will determine the...
The naira continues to depreciate in the black market, as the cost of the dollar increased by 1.2% or N9.5 kobo on Tuesday to N753.4/$1. On...
Foreign exchange traders in the black market sold the dollar at an average rate of N743.9/$1 during trading on Monday, as the value of the naira...
The Naira exchanged for the Dollar at N752.8 kobo/$1 on Tuesday in the Bureau De Change window of the black market. Data provided by Naira Rates,...
The International Air Transport Association (IATA) has denied setting an exchange rate for international flight tickets in Nigeria. There have been reports that international airlines have...
It cost investors and exporters N462.73 kobo to buy $1 at the close of trading in the official market on Thursday, as the Naira depreciated by...
The Naira closed the official market with a 0.11 per cent increase in value, as the Dollar rate settled at N462.25 kobo/$1 on Tuesday. At the...
With the commencement of the fresh policy on foreign exchange rate in Nigeria today, finance analysts and investment pundits are expecting the new move to eliminate...
