Currency Watch

High dollar demand, low oil prices, declining external reserves to spike naira pressure
by Editor

The naira/USD exchange rate may witness an upward pressure this...

Euro drops to new low as ECB cuts rates and introduces QE program
by Yinka Abraham

  The European Central Bank today cut all key rates...

Naira firms against dollar as CBN auctions $298.9m
by ONYINYE NWACHUKWU, Abuja

The nation’s currency, the naira, on Wednesday appreciated against the...

Naira unchanged on Eni, Addax dollar sales
by Editor

The Nigerian naira was unchanged at 162.40 per dollar at...

Bears drag EUR/USD down on economy and geopolitics:
by Yinka Abraham

Trading on the EUR/USD rate has been heavy this week,...

Naira gains on dollar sale by Shell
by Editor

The naira firmed against the U.S. dollar on Monday, supported...

Currency Update
by Yinka Abraham

NAIRA Naira eased against the U.S. currency on Monday, with...

Dollar in demand as stimulus talk dogs euro, yen
by Editor

The dollar marched higher against the euro and yen on...

Euro struggles at 11-month low as dollar reigns supreme
by Reuters

Some reassuring data from Germany eased pressure on the struggling...

Naira unchanged as dealers expect oil firm dollar sales
by Editor

The Nigerian currency was unchanged at 162.15 naira to the...

Pound gains on back of dissenting votes in BoE meeting
by Yinka Abraham

Two members of the Bank of England’s Monetary Policy Committee,...

Naira falls against dollar on back of strong demand
by HOPE MOSES-ASHIKE

The naira yesterday depreciated by 15 kobo against the US...