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Home Tag Forex Utilization

Tag: Forex Utilization

Nigeria’s forex utilization falls 65% to $4.98 billion in Q1 2021

Nigeria’s forex utilization falls 65% to $4.98 billion in Q1 2021

by Chike Olisah

This is the lowest utilization of forex in Nigeria since 2017, the last time Nigeria faced similar forex challenges.

FOREX, Dollar scarcity worsens as exchange rate falls to N472/$1 at black market , Naira falls to N460/$1 as CBN intervention fails to contain speculation

FX utilization fell to its worst on record in April

by Research Team

August 10, 2020

Forex Utilization in Nigeria fell by a whopping 80% in April as the economic shuttered in reaction to the covid-19 ...