Tag: Aminu Gwadabe

Naira appreciates to N296/$

January 19, 2016/Vanguard By Babajide Komolafe The Naira, yesterday, appreciated to N296 per dollar in the parallel market due to expectation that the Central Bank of Nigeria (CBN) will sell autonomous dollar to  bureaux de change this week. Vanguard’s survey of major cities reveals that in Lagos the Naira appreciated by […]

Naira crashes to 300 against dollar

January 13, 2016/Punch Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the currency exchanged for 300 against the United States dollar in Kano, 290 in Lagos and 292 in Abuja. Financial experts said […]

Naira hits 278 as dollar supply worsens

January 8, 2016 by Femi Asu, Punch The naira took further beating on Thursday at the parallel market, trading near its 2015 high of 280 against the United States dollar. The dollar was sold for N278 at the parallel market on Thursday, as against 273 on Wednesday and 267.5 on […]