It has been reported that the Central Bank of Nigeria (CBN) and other financial institutions have made $2.5 billion available in the foreign exchange market over the past two weeks, which has caused t...
On Wednesday, the Central Bank of Nigeria (CBN) announced that all previous pending valid foreign exchange backlogs were officially cleared, thereby fulfilling one of the important pledges Mr Olayemi ...
The value of foreign exchange transactions recorded on the official Nigerian According to the FMDQ Exchange data for Tuesday, the value of foreign exchange transactions that were recorded on the offic...
On Monday, the naira fell to N1348.63/$ at the Nigerian Autonomous Foreign Exchange Market. The decline shows a 51.21% drop from how the N891.90/$ traded last Friday at the official market. This data ...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...
The Nigerian foreign exchange (FX) market saw a massive fall in Naira's value, which traded at its highest to reach N1,399/$ at the official market on Thursday.Data from the Financial Markets Dealers ...
On Tuesday, Naira showed resilience against the dollar in the official foreign exchange market to close higher at 5.1% or N878.61/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM).This sho...
On Wednesday, the Central Bank of Nigeria (CBN) announced that it had successfully distributed $2 billion across key sectors, including aviation, manufacturing, and petroleum, to settle the backlog of...
The Nigerian Naira traded 1,000/$ for the second time in 2024 on the official foreign exchange (FX) market.On Tuesday, the Naira fell to 1,089.51/$ from how it traded the previous day, which was 856.5...
On Thursday, the naira fell to N956/$ on the official Investor and Exporter forex window as dollar supply fell by 46.77%.According to the data from the FMDQ, this is a 13.78% decline from the N840.53/...