Naira appreciates to N1,339.33/$1 on official market, best in 2 months
The exchange rate between the Naira and the Dollar at the official window saw a significant appreciation of 10.71% on ...
Tag: Foreign exchange market
U.S dollar set for first weekly fall in 2024 while naira shows momentum
The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the ...
Nigeria’s Forex Market Needs Clear, Enforceable Rules: i-invest
Dotun Sulaiman has expressed optimism about the potential impact of the CBN’s proposed policy documentation on rules of the foreign ...
A breather for banks and domiciliary account holders
The recent directives issued by the Central Bank of Nigeria (CBN) has provide further guidance to Deposit Money Banks (DMBs) ...
Market experts say removal of CBN Governor is a step in the right direction
Financial experts believe that the suspension of CBN Governor Godwin Emefiele will stabilize the capital market and foreign exchange market.
CBN FX policies is depressing stock market – Expert
Tajudeen Olayinka said the disruption caused by CBN’s interest rate hikes is responsible for the prolonged repricing of securities across ...
Nigeria’s forex crises to persist in 2022 – Report
The Centre for the Promotion of Private Enterprise has stated that the distortions inherent in the foreign exchange market will ...
Naira gains against the dollar at I&E window, forex liquidity up by 66%
Forex turnover rose to $63.44 million on Monday representing a 66.42% increase day on day.
Naira falls against the dollar across forex markets as liquidity drops by 43%
Forex turnover dropped from $66.61 million on Thursday to $38.12 million on Friday.
Forex liquidity up by 315% as Naira gains marginally at I&E Window
The liquidity in the foreign exchange market appears to have improved, the volatility and uncertainty of the market seem to ...
