The exchange rate between the naira and the dollar plunged to a record low N983/$1 at the black...
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has revealed that the official foreign exchange market, otherwise known as the Investors and Exporters (I&E) window, will be renamed the Nigerian Foreign Exchange Market (NFEM).
Monday, 13th December 2021: The exchange rate between the naira and the US dollar closed at N414.06/$1 at the...
Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19...
Wednesday, 1st December 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, for...
Wednesday, 13th October 2021: The exchange rate between the naira and the US dollar closed at N415.10/$1, at the...
The Targeted Credit Facility (TCF), a Central Bank of Nigeria initiative, has benefited a total of 726,198 recipients...
Forex is sold at several prices and at different times during the day.
Forex turnover at the Investor and Exporters (I&E) window recorded a significant decline.
Forex turnover at the Investor and Exporters window recorded a massive increase on Thursday
The Naira fell to as high as N390 during intraday trading before strengthening to the closed rate of N389.
Forex turnover rose by 44.9% while the exchange rate depreciated closing at N386.50/$1.
