Exchange rate gains at official I&E window as dollar supply hits $214 million
At the parallel market, the naira remained stable at N505/$1, the same as recorded since Friday, 9th July 2021.
Tag: Foreign Reserve
Naira gains at official market as oil prices hit 3-year high
The local currency gained against the dollar at the official market as Brent crude sailed past $77 per barrel for ...
Possible oil supercycle would improve Nigeria’s foreign reserves
Until Nigeria can diversify its economy to depend less on oil revenue, we would still be observing supercycles and oil ...
Naira falls at official window as external reserve declines to 4-year low
Naira depreciated on Wednesday against the US dollar to close at N411.50 to a dollar compared to N410/$1 recorded on ...
Naira gains at official window as dollar supply improves significantly by 80%
The local currency gained at the official window as the dollar supply improved significantly by 79.5%.
Exchange rate falls at NAFEX window as crude oil price dips further
The exchange rate between the naira and the US Dollar closed at N409.3/$1 at the I&E window as oil prices ...
Nigeria records highest trade deficit since 1981
Nigeria recorded its highest foreign trade deficit since 1981 as the country's trade balance stood at -N7.38 trillion in 2020
Exchange rate gains at NAFEX window as dollar supply improves significantly
Naira gained against the US Dollar on Thursday to close at N409/$1, representing a 0.52% gain compared to N411.13/$1 previously ...
Nigeria’s external reserve falls to lowest in 10 months
Nigeria's foreign reserve of $34.74 billion is the lowest in 10 months.
Nigeria’s External Reserves hit $44bn mark, as oil price peaks
Data from the Central Bank of Nigeria has shown that Nigeria's external reserve rose to $44 billion at the end of ...
