FG’s Foreign Inflow Stood at $9.35bn in the Month of February The Central Bank of Nigeria (CBN) said the nation’s foreign exchange inflows stood at $9.35...
1 Dollar to Naira Rate Improves Slightly on the I&E FX Window The Nigerian Naira improved slightly against the US dollar on the Investors and Exporters...
Goldman Sachs Sees Weak Dollar As Economies Reopen Goldman Sachs, one of the world’s leading investment banks, has started taking short positions on the US dollar...
Naira Appreciates as CBN Resumes Dollar Sales to BDCs The Nigerian Naira appreciated by N2 on the parallel market on Wednesday after the Central Bank of...
Dollar Scarcity Continues to Hurt Naira Value, Exchanges at N450/$ The Nigerian Naira declined further at the parallel market on Wednesday as dollar scarcity continues to...
CBN to Devote Available FX to Strategic Importation as Foreign Reserves Declines The Central Bank of Nigeria on Sunday said it would devote available foreign exchange...
Naira Exchanges at N570 to a Dollar As Demand Outweighs Supply The Nigerian Naira posted its biggest decline on Thursday as price differential on five-year naira...
Naira Exchanges at N430/$ as CBN Resumes FX Sales The Nigerian Naira gained on Monday following the Central Bank of Nigeria’s announcement that it has commenced...
Naira Trades at N515 to US Dollar in FX Forward Market Following the Central bank of Nigeria (CBN)’s decision to adjust the foreign exchange rate of...
ABCON Directs Members to Sell Dollar at N380/$ The Association of Bureaux De Change Operators of Nigeria (ABCON) on Monday directed all members of the association...