Naira Appreciates Again

March 21, 2017 realitycheck 0

Following the Central Bank of Nigeria (CBN) intervention to pumped a total of $180 million into the foreign exchange market,the naira on monday appreciated to 435 per dollar . According to reports, the parallel market […]


Naira Appreciates As CBN Implement Policy

February 28, 2017 realitycheck 0

The Central Bank of Nigeria (CBN)  has gone further to implement the new policy that was announced recently.The apex bank, yesterday released $100million into the wholesale forwards segment of the market and $80million into the […]


Naira Gains, Closes At 495/dollar

February 24, 2017 realitycheck 0

The naira recorded a significant gain against the United States dollar on the parallel market on Thursday, three days after the Central Bank of Nigeria adjusted its foreign exchange policy. Specifically, the local currency jumped […]


Naira Fall at Parallel Market

February 16, 2017 realitycheck 0

The naira on Wednesday traded at N510 to the dollar at the parallel market, losing three points after closing at N507 on Tuesday. The euro and the pound sterling exchanged at N535 and N625 respectively. […]