30/9/2016/Punch Nike Popoola, Personalbanking@punchng.com One of the most embarrassing experiences a bank customer can have while using the Automated Teller Machine is when the machine withholds his/her card without dispensing cash. The ATM is expected to work like a mobile bank that should enable you to have access to your […]
Money Market
Naira Hits All-Time Low of 480/$ in Parallel Market, as Acute Scarcity Persist
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday hit an all-time low of N480/$, having tumbled by 4.35 percent on its freefall in the parallel segment of the FX market as acute shortage of the greenback persists. Reports from Cordros daily currency tracker says that the naira also […]
Naira plummets to all-time low of 472/dollar
29/9/2016/Punch ’Femi Asu The naira slumped to a new all-time low of 470 to the dollar on the parallel market on Wednesday, posting its biggest daily decline since the Central Bank of Nigeria adopted a flexible foreign exchange regime. The local currency stood at 452 to the dollar at the […]
