Naira gains at official window as oil price tops $73 per barrel
Naira appreciated against the US dollar on Friday, 11th June 2021 to close at N410.80 to a dollar.
Tag: forex
Naira falls at official window as dollar supply drops by 153%
Naira depreciated against the US dollar on Thursday to close at N411.83 to a dollar at the official I&E window.
Why Nigeria is still experiencing forex scarcity despite high oil prices
Nigeria needs supply, the foreign exchange market needs liquidity, Nigerians need dollars.
Naira falls at official window as banks receive a boost in forex liquidity
Naira depreciated against the US dollar at the I&E window on Monday, June 7, 2021, to close at N411.07/$1.
Forex repatriation issues limiting Foreign Portfolio Investments in Nigeria
As global risk aversion eases, foreign investors’ interest in risky assets in emerging economies should improve.
CBN increases forex allocations to banks for SMEs, tuition fees, travellers
The CBN has announced an increase in the amount of foreign exchange allocated to banks to meet the requests of ...
Naira crashes to record N502/$1 at the black market as forex speculation increases
The naira hit a record low, as it depreciated against the US dollar on Friday at the parallel market to ...
Exchange rate falls at the NAFEX window as Nigeria’s external reserve dips $1 billion
The naira depreciated against the US dollar on Friday at the official NAFEX window to close at N412 to a ...
Forex speculators to lose N100 billion as CBN sustains massive funding for BDCs
Foreign exchange speculators are set to lose over N100 billion in the next one month as the CBN sustains massive funding ...
NAIRA falls against US dollar at the NAFEX window as bitcoin continues losing streak
Naira depreciated against the US dollar on Tuesday to close at N411.63 to a dollar compared to N411.5/$1 recorded on ...
