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December 08, 2023

Nigeria Got $11.11 Billion Foreign Exchange Inflow in Two Months - CBN

The Central Bank of Nigeria (CBN) has revealed that Nigeria recorded $11.11 billion in aggregate foreign exchange inflow in July and August. According to figures obtained from the CBN’s August ...

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March 29, 2022

The exchange rate is on the verge of crossing the N600/$1 mark

Foreign investors who were paid dividends for the 2021 financial year wish to repatriate their money, putting Nigeria's exchange rate at risk of exceeding N600/$1 on the unofficial FX market. On th...