Naira gains at forex markets as external reserves increase by $533 million in 4 days

Tuesday, 31st August 2021:  The exchange rate between the naira and the US dollar closed at N411.08/$1 at the Investors and ...

Naira falls across forex markets as businesses resume after public holidays

Naira gains at NAFEX window as dollar supply improves by 305%

by Samuel Oyekanmi

May 6, 2021

The exchange rate between the naira and the US dollar closed at N410.5/$1 on Wednesday, as dollar supply spiked by ...

Exchange rate falls at NAFEX window, as dollar supply drops further

by Samuel Oyekanmi

March 22, 2021

The exchange rate between the naira and the US Dollar depreciated by 0.08% to close at N410/$1 on Friday.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira falls at NAFEX window as external reserves rises to highest level since July 2020

by Chike Olisah

January 14, 2021

Nigeria's external reserves rose to the highest level since July 2020

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Naira gains at black market as CBN moves against prominent businessmen for forex abuse

by Chike Olisah

September 18, 2020

The Naira appreciated against the dollar to close at N462/$1 on Thursday.

U.S dollar pull back some gains, Investors’ appetite for risk strengthens, Exchange rate stabilizes across forex markets as BDC window gets fresh dollar supply

Exchange rate stabilizes across forex markets as BDC window gets fresh dollar supply

by Chike Olisah

September 16, 2020

At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N460/$1 on Tuesday.

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

Naira falls to N460/$1 as CBN intervention fails to contain speculation

by Chike Olisah

September 14, 2020

The naira depreciated at the parallel market despite the third round of forex allocation to BDCs.

Foreign exchange market, Nigeria’s fixed income & money market update ending 13th March, 2020, Why the s, CBNtrong dollar is giving Nigeria headache, Nigerian banks broadly positive after Naira devaluation, Exchange rate sustains gain at NAFEX window as CBN orders BDCs to sell at N386/$1

Exchange rate sustains gain at NAFEX window as CBN orders BDCs to sell at N386/$1

by Chike Olisah

August 30, 2020

The sales of forex to BDCs will inject more liquidity to the retail end of the foreign exchange market.

Dollar, Exchange rate, FOREX, NAFEX market turnover drop by 59%, Naira crashes to N470/$1 as currency uncertainty worsens

Exchange rate stabilizes across forex markets as CBN moves against abuse by dealers

by Chike Olisah

August 26, 2020

Forex turnover at the I&E  window increased substantially by 442% on Tuesday.

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 ...

Tag: NAFEX window