During the Sallah holidays, the Naira increased slightly to N1480 per dollar on the parallel foreign exchange market, often known as the black market. Dayyabu Ashiru, a...
Nigeria’s foreign exchange crisis coupled with the recent 7.5% Value Added Tax (VAT) imposed on Automotive Gas Oil, commonly known as diesel, has caused diesel prices...
On Friday the naira appreciated at the Investors and Exporters window, exchanging at N420.12 to the dollar, a 0.01 appreciation against N420.17 traded on Thursday. The...
A total of 82.56 million dollars was traded in foreign exchange at the official Investors and Exporters window as Naira sold for as low as 410 to...
The Federal Government of Nigeria will take appropriate measures to improve access to foreign exchange for the importation of raw materials and machines that are not...