Naira Improves by 1.22% to N1,574/$1 at NAFEM
Adedapo Adesanya By Adedapo Adesanya The Naira continued its appreciation on the US Dollar in the Nigerian Autonomous Foreign Exchange…
FX Supply
CBN Stops Foreign Oil Firms From Remitting 100% FX Proceeds Abroad
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has stopped international oil companies (IOCs) operating in Nigeria…
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…
Naira Appreciates to N1,455.59/$1 at Official Market as CBN Barks
By Adedapo Adesanya The Naira appreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM)…
Bagudu Optimistic New Measures to Tackle Oil Theft Will Boost FX Supply
By Adedapo Adesanya The Minister of Budget and Economic Planning, Mr Atiku Bagudu, has expressed confidence that the…
Naira Weakens to N988.46/$1 at NAFEM as FX Supply Shrinks to $15m
By Adedapo Adesanya The Naira got underway in 2024 with an 8.9 per cent or N81.35 depreciation against…
Naira Sells N806.73/$1 at Official Market Amid 92.9% Jump in Forex Supply
By Adedapo Adesanya The supply of foreign exchange (FX) into the Nigerian Autonomous Foreign Exchange Market (NAFEM) improved…
Naira Appreciates to N738/$1 at I&E Amid 138.6% Surge in FX Trades
By Adedapo Adesanya The Nigerian Naira eased recent pressure against the US Dollar in the Investors and Exporters…
Naira Crashes to N793.70/$1 at I&E, N845/$1 at Parallel Market, N864/$1 at P2P
By Adedapo Adesanya The foreign exchange (FX) crisis in Nigeria took its toll on the Naira in the…
Naira Appreciates at Official Market, P2P, Falls at Parallel Market
By Adedapo Adesanya The Naira regained a part of its lost ground to the United States Dollar on…