Naira Depreciates by 0.8% as Inflation Effect Bites Harder
With the global economy currently dealing with unprecedented level of inflation rate, the Naira which appreciated by 0.3 per cent ...
Tag: Foreign exchange
CBN’s Policies Damaging Nigeria’s Business Environment – World Bank
The World Bank has stated that the Central Bank of Nigeria’s (CBN) multiple exchange rates, trade restrictions, and the financing ...
Naira Falls at Official Market Despite Improved Forex Liquidity
The exchange rate between the naira and the US dollar closed at N420.5/$1 at the Investors and Exporters (I&E) window. ...
Emefiele, Sanwo-Olu Seek Adjustment, Complementary Policies to Stabilise FX Market
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday, called for the “design and steadfast implementation of ...
Forex Turnover Records Marginal Increase as Exchange Rate Appreciates Slightly
The exchange rate between the naira and the US dollar closed at N420/$1 at the Investors and Exporters (I&E) window. ...
Naira falls to N609/$1 at P2P market, lowest on record
The exchange rate between the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window. ...
Naira falls to N420/$1 at I&E window despite moderations at parallel market
The exchange rate between the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window. ...
CBN Stabilises Naira with $3.36bn in Two Months
The Central Bank of Nigeria (CBN) injected $3.36bn into the foreign exchange market in two months as part of efforts ...
CBN FX Sales To Dealers Decline By 24.65% To $21.82bn As FX Scarcity Lingers
The Central Bank of Nigeria (CBN) sold a total of $21.82billion foreign exchange to authorised dealers in 2021, compared with ...
Naira Falls Big at Black Market as FX Supply Records Significant Decline at I&E Window
The exchange rate between the naira and the US dollar closed at N420.33/$1 at the official Investors and Exporters (I&E) ...
