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The Nigerian naira witnessed a significant appreciation against the US dollar as trading resumed on Monday, marking a positive turn in the foreign exchange market. Naija...
Vice President Kashim Shettima has applauded the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso and the National Security Adviser (NSA), Nuhu Ribadu, for their interventions...
At the close of trading on Wednesday, Nigeria’s currency, the naira appreciated to ₦1,240 per dollar at the parallel section of the Foreign Exchange (FX) market....
President Bola Tinubu has said the unification of the official and parallel market rates is to save the country from financial wastage and is in the...
Former deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has alleged some biggest sources of crime in the country and reasons why over...
A monthly data report by the Central Bank of Nigeria (CBN) showed that the country recorded the sum of $10.75bn foreign exchange inflow in two months....
The nation’s foreign exchange reserves have fallen by $47.33 million to close weekend at $35.77 billion, increasing the fears of further depreciation in the nation’s currency....
The Central Bank of Nigeria (CBN) has intervened in the wholesale segment of the foreign exchange market, supplying about $210 million to dealers in that window....
The Central Bank of Nigeria (CBN) has injected 102.3Billion Naira in the Retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac...
Not less than$42.3 billion has been pumped into the foreign the exchange market by the Central Bank of Nigeria in the past year to ensure liquidity...
The Central Bank of Nigeria (CBN) has recorded a whopping sum of $40.9bn, as the total forex inflow recorded for a period of 9 months. The...
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting an extra $210m into the various segments of...