BDCs Seek CBN Approval Electronic Forex Trading Bureau de change operators (BDCs) on Wednesday begged the Central Bank of Nigeria to approve the usage of electronic...
Naira to dollar exchange rate in 2020 declined by N73 from N306 Central Bank of Nigeria sold it in the beginning of the year to N379...
Naira Declines on Black Market Despite Lower Interest Rate Nigerian Naira traded at N467 to a US dollar on the back market on Wednesday despite the...
Naira Remains at N465/US$ Despite BDCs Expecting $50.9m Injection from CBN The Nigerian Naira remained under pressure despite the Central Bank of Nigeria’s foreign exchange sales...
Naira Falls to N465 Against US Dollar on Black Market Nigeria’s economic uncertainties continued to weigh on the Nigerian Naira despite the Central Bank of Nigeria’s...
Naira Declines to N443/US$ Despite Forex Sales The Central Bank of Nigeria has resumed its intermittent forex intervention on Monday after suspending the program in early...
Naira to Gain Against Global Counterparts this Week The Nigerian Naira is expected to gain further against global counterparts on the black market this week as...
Naira Gained N37 Against the US Dollar on Black Market The Naira gained N25 against the United States dollar on Tuesday ahead of the Central Bank...
Naira Gained N15 Against US Dollar Ahead of Dollar Sale The Nigerian Naira gained N15 against the United States dollar following the Central Bank of Nigeria’s...
CBN to Resume Sale of Forex to Bureau de Changes on August 31 The Central Bank of Nigeria (CBN) on Thursday said it will resume the...