CBN’s multiple exchange rate discourages investments in Nigeria – FG
This is according to Nigeria’s Integrated National Financing Framework (INFF) a report commissioned by the government
Tag: Forex Market
News and analysis about forex market
Experts paint grim picture of what could happen if CBN stops sale of forex to banks
Experts explore the possibility of what could happen if the CBN stopped the sale of dollars to banks.
CBN injects fresh $51.8m into FX Markets
The CBN is looking to boost the value of the naira and thus strengthen the economy of the country.
Naira depreciates against dollar at I&E forex window, dollar supply up by 14.52%
The exchange rate at the I&E window is different from the CBN’s published exchange rate.
Naira drops at the parallel market despite gaining at I&E forex window
The naira was strengthened on Wednesday as it appreciated to N386.94 to a dollar at the Investors and Exporters (I&E) window, after ...
Naira gains at the parallel market as local currency strengthens across forex markets
The naira made a rebound in the foreign exchange market as it gained against the dollar at the parallel market.
Mixed trends trail Nigerian markets
Funding rates to hover around current levels next week barring any significant flows.
Naira appreciates to N386.94 against dollar at I&E window
The Naira has appreciated to N386.94 against the US dollar at the Investor and Exporters (I&E) window.
Naira depreciates to N410 per dollar as local currency weakens
Naira depreciates to N410 per dollar as local currency weakens
Speculators strike as exchange rate falls to N366/$1
Speculators strike as exchange rate falls to N366/$1, stocks lose another N1 trillion.
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