Exchange rate crashes to N983/$1 as forex traders say there is no dollar to sell
The exchange rate between the naira and the dollar plunged to a record low N983/$1 at the black market based ...
Tag: Investors and Exporters Window
Forex: CBN to rename I&E Market to NFEM
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has revealed that the official foreign exchange market, ...
Naira appreciates at official market as dollar supply improves by 44%
Monday, 13th December 2021: The exchange rate between the naira and the US dollar closed at N414.06/$1 at the official Investors ...
Nigeria’s external reserve dips $633 million in November as CBN intensifies FX intervention
Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19 billion as ...
Naira closes flat as Omicron Covid variant pushes crude oil prices below $70
Wednesday, 1st December 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, for the six ...
Naira falls to N415/$1 at official market as Vice President expressed concerns over forex policy
Wednesday, 13th October 2021: The exchange rate between the naira and the US dollar closed at N415.10/$1, at the Investors and ...
Over 700,000 benefitted N343.2 billion from CBN’s intervention
The Targeted Credit Facility (TCF), a Central Bank of Nigeria initiative, has benefited a total of 726,198 recipients with a ...
Exchange rate gains marginally at the NAFEX window despite worsening forex liquidity
Forex is sold at several prices and at different times during the day.
Exchange rate falls at the NAFEX window on a depressed forex market
Forex turnover at the Investor and Exporters (I&E) window recorded a significant decline.
Exchange rate gains big at NAFEX as forex turnover pops 916%
Forex turnover at the Investor and Exporters window recorded a massive increase on Thursday
