Forex Updates

The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,645 per dollar last week Friday. However, the Naira appreciated to N1,580.46 per dollar in the Nigerian …

Naira down to N1,660 in parallel market – VANGUARD Read More

The Nigerian data centre ecosystem is facing an unprecedented threat of collapse, operators have warned. They said the continued decline of the naira against the dollar, combined with a severe lack …

Data centres may collapse over naira woes, operators warn – PUNCH Read More

(Bloomberg) – Nigeria’s government raised $900 million in its first domestic auction of dollar-denominated bonds, almost double the targeted amount. The five-year notes carry an annual coupon of 9.75%, the …

Nigeria Raises $900 Million in Domestic Dollar:Bond Auction – BLOOMBERG Read More