-
Nigeria: Parallel Market Upstages Official Exchange Rates
Guardian, 8 April 2015
The renewed confidence induced by the outcome of the recent election may have sustained the winning streak of the naira against the dollar since last week, with the parallel market… Read more »
-
Nigeria: Dollar Crashes As Hoarders Release Currency After Presidential Poll
Premium Times, 7 April 2015
Bureau De Change operators in Abuja have attributed the fall in the dollar to release of the foreign currency by hoarders who had stored it pending the outcome of the nation's… Read more »
-
Nigeria: Naira Gains Against Dollar At Black Market
Daily Trust, 7 April 2015
The naira which made a 'surprise comeback' last week after the polls result yesterday continued its buoyant status as it exchanged for N170 against a dollar at the parallel market. Read more »
Nigeria's Naira Fares Well on Parallel Market
The naira which made a 'surprise comeback' last week after the poll results, has continued its buoyancy as it picked up against the U.S. dollar.
InFocus
-
The Central Bank of Nigeria has scrapped the official window where it sells U.S. dollars to end users through banks twice a week, in a bid to salvage the Naira. Read more »
