Naira Trades N1,652/$1 at Official FX Market
Adedapo Adesanya By Adedapo Adesanya The value of the Naira to the US Dollar depreciated by 0.12 per cent or…
FX inflows
Dangote Cement Exports 14 Clinker Shipments to Ghana, Cameroon
Dipo Olowookere By Dipo Olowookere A total of 14 shipments of clinker have been exported from Nigeria to Ghana and…
Dangote Cement Grows Pan-African Revenue to Boost Nigeria’s FX Inflows
Aduragbemi Omiyale By Aduragbemi Omiyale A leading cement manufacturer, Dangote Cement Plc, has continued to contribute to Nigeria’s economic growth…
Nigeria Records $24bn FX Inflows in Q1 2024—CBN Governor
By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the…
Offshore Investors Stake $2.3bn on Naira-Denominated Assets in Two Months
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has revealed that about $2.3 billion was invested by…
Naira Strengthens by 1.8% at NAFEM as FX Supply Surges 182%
By Adedapo Adesanya The Naira closed the week on a strong foot against the United States Dollar in…
Nigeria Suffers 17.2% Drop in Forex Inflows
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has said that aggregate foreign exchange (FX) inflows into…
FX Inflows into Nigeria Still Below Pre-COVID Levels as Outflows Rise
Business Post Contributor By Tunde Abidoye Nigeria is still battling with foreign exchange (FX) inflows despite efforts by the Central Bank…
FX Inflows: CBN Enables Cash Withdrawal in Foreign Currencies
By Dipo Olowookere In order to bridge the wide exchange rate between the legalised foreign exchange (forex) markets…