Naira shows stability in official market, maintains N1,550/$ bandwidth
The Nigerian naira showed stability in the official market as demand for the greenback moderated during the second trading session ...
Tag: EFEMS
Naira falls again to N1,685/$1 at the parallel market as volatility persists
The naira depreciated further at the parallel market to close at N1685/$1 at the end of business on Tuesday, December ...
Naira hits back on Euro at black market, sells for N1,690/€
The Nigerian currency posted strong gains against the European currency at the parallel market on the weekly spectrum amid ongoing ...
Forex market: BDC operators warn that speculators will resist naira appreciation
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex ...
Naira appreciates to N1,640 from N1,730 at parallel market as supply outstrips demand on CBN EFEMS
The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of ...
CBN sets new guidelines for FX trading via EFEMS, mandates $100,000 minimum trade
The Central Bank of Nigeria (CBN) has announced fresh guidelines for interbank foreign exchange (FX) trading via its Electronic Foreign ...
CBN introduces electronic matching system for FX transactions, to begin by December
The Central Bank of Nigeria (CBN) has announced the introduction of an electronic matching system for foreign exchange transactions in ...
