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Chinese Yuan weakens against dollar

Chinese Yuan weakens against dollar The central parity rate of the Chinese currency renminbi, or the yuan, weakened 234 pips to 7.0560 against the dollar...

Naira Starts the Week with a Downturn

Naira Starts the Week with a Downturn The naira depreciated against the dollar on Monday, exchanging for N464 at the investors’ and exporters’ window. The rate...

Naira falls against dollar by 0.06%

The naira depreciated against the dollar on Thursday, exchanging N461.50 at the investors and exporters’ window. The rate represented a decrease of 0.06 per cent...

Banks cut PTA/BTA By 50% to $2,000

Commercial banks have started cutting personal travel allowance (PTA) and Business Travel Allowance (BTA) by 50 per cent from $4,000 to $2,000, as the...

Naira ends week on negative note

The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of...

Naira exchanges N461.25 to dollar at Investors & Exporters window

The naira on Friday exchanged at N461.25 to the dollar at the Investors and Exporters window. The figure represented a slight increase by 0.16 per...

Naira gains, exchanges at N461.10 to dollar

The Naira on Thursday exchanged at 461.10 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.02 per cent...

Pound hits record low versus Dollar, Italy stocks up after vote

Pound hits record low versus Dollar, Italy stocks up after vote NEWS DIGEST - The pound hit a record low against the dollar Monday on...

Dollar hits N700 to Naira 

Dollar hits N700 to Naira NEWS DIGEST - The Naira on Wednesday continued its downward spiral on the parallel market, selling for N700 to the...

Naira gains marginally against dollar, exchanges at 419

Naira gains marginally against dollar, exchanges at 419 NEWS DIGEST - The Naira on Wednesday exchanged at 419 to the dollar at the Investors and...
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