Money & Markets

Latest Money & Markets News

Illicit demand biggest FX problem — Oyedele

  Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms,…

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Naira plummets to N1,745/$1, traders blame speculators

  The exchange rate between the naira and dollar slid back to…

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Speculators will resist naira appreciation, BDC operators warn CBN

  Currency traders under the Association of Bureau De Change Operators of…

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CBN forex market reforms spurs naira appreciation

The Central Bank of Nigeria's (CBN) newly implemented foreign exchange market system…

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Bitcoin price surges past $100,000 mark for first time

  The price of the cryptocurrency, Bitcoin, on Thursday surpassed the $100,000…

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Nigeria’s $2.2bn eurobond issuance oversubscribed by $9bn, says FG

  The Debt Management Office (DMO) says Nigeria has raised $2.2 billion…

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Naira sinks on the black market, trading at N1,750/$

The Naira faced more headwinds in the unofficial market amid high demand…

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Bitcoin trades above $80,000 in unprecedented rally

  Bitcoin, the world’s most valuable cryptocurrency, surged to over $80,000 for…

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Naira falls to N1,740 in parallel market as forex scarcity worsens

  There are indications that the local currency is set to fully…

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Naira sinks to 1,705/$ at parallel market

  The naira depreciated at the unofficial market on Wednesday as it…

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