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 […]
Tag: Naira
Nigeria’s Buhari requests withdrawal of 2016 budget to make changes – sources
Sun Jan 17, 2016/Reuters By Julia Payne and Felix Onuah Nigerian President Muhammadu Buhari has written to parliament requesting the withdrawal of the 2016 budget in order to make changes, sources at the presidency and Senate said on Sunday. Buhari unveiled the budget for Africa’s biggest economy in December, which […]
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 […]
