Respite as Naira gains at parallel market despite weakening at I&E window

Naira and dollar held by in the hand of a person

The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official I&E window.

Why President Tinubu’s plan to unify the naira will be a long, arduous process

Naira weakens as demand for dollar rises at I&E window

February 8, 2022

The exchange rate between the naira and the US dollar closed at N416.5/$1 at the official Investors and Exporters (I&E) ...

The Nigerian economy is increasingly dollarized but there is a way-out

Jitters as forex turnover falls to lowest in 3 months

by Samuel Oyekanmi

February 7, 2022

Friday, 4th February 2022: The exchange rate between the naira and the US dollar closed at N416.33/$1 at the official ...

Naira falls at P2P market as FX liquidity improves to $162.7 million at I&E window

by Samuel Oyekanmi

February 4, 2022

Naira appreciated marginally against the US dollar on Thursday with a 0.04% gain to close at N416.07/$1.

forex, Naira appreciates at black market as forex liquidity is boosted with huge dollar supply

Naira gains at P2P market as Nigeria’s external reserve dips further

by Samuel Oyekanmi

February 3, 2022

Wednesday, 2nd February 2022: The exchange rate between the naira and the US dollar closed at N416.25/$1 at the official ...

Non-oil exporters lose N78bn to forex policy

Naira remains stable across FX markets as foreign reserve dips $481.4 million in January 2022

by Samuel Oyekanmi

February 2, 2022

Tuesday, 1st February 2022: The exchange rate between the naira and the US dollar closed at N415.75/$1 at the official ...

The US dollar remains king, U.S dollar gains against major currencies, America threatens China with sanctions., U.S dollar slumps against major currencies, investors become optimistic about global demand, U.S Dollar Stands Firm, Foreign Exchange Traders Remain Neutral

Forex turnover at I&E window falls by 51% to $2.18 billion in January 2022

by Samuel Oyekanmi

February 1, 2022

Nigeria recorded forex turnover of $2.18 billion at the Investors and Exporters window.

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira gains at I&E window, appreciates to its highest level year-to-date

by Samuel Oyekanmi

February 1, 2022

Monday, 31st January 2022: The exchange rate between the naira and the US dollar closed at N415.33/$1 at the Investors ...

Inflation rate, LDR: Growing the real sector by fiat?, Rapid increase in food prices temporary – Emefiele, CBN and other industry stakeholders establish N1 billion Bankers’ Charitable Endowment Fund , How the CBN’s OMO restriction is affecting the market , Nigerian economy to grow by 2.38% in Q4 - CBN, New CBN report shows Nigerians will reduce consumption of luxury items, Banks violating CBN’s directive on N50 charge on accounts, send contradictory messages, What is on Godwin Emefiele’s mind?, These CBN policies are contradictory and stifling on banks, What you need to know as Banks rebrand CBN intervention funds to woo borrowers, CBN extends timeframe for submission of audited financial statements by other financial institutions, CBN to launch Tertiary Institutions’ Entrepreneurship Scheme, CBN tackles cybersecurity threats as it issues guidelines for OFIs, Emefiele says CBN is leading Nigeria’s economic diversification as country now exports rice

CBN plans to unveil new FX bidding regime

by Ubah Jeremiah Ifeanyi

February 1, 2022

The Central Bank of Nigeria (CBN) plans to unveil a new FX bidding regime to support Nigerian companies in need ...

Naira closes at a record low of N409/$1 at NAFEX

Naira gains at P2P and Official markets as FX turnover drops to two-week low

by Samuel Oyekanmi

January 31, 2022

Friday, 28th January 2022: The exchange rate between the naira and the US dollar closed at N416/$1 at the Investors ...

Tag: forex