Nigeria's foreign exchange market is on the cusp of a liquidity boost, with the Central Bank of Nigeria (CBN) taking significant steps to clear the longstanding backlog of foreign exchange ...
In a surprising turn of events, the Nigerian naira has experienced a remarkable rally against the US dollar, sending shockwaves across various markets. This rally represents a significant setback for ...
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report. A source familiar with the development confirmed ...
Recent developments have improved the outlook for the Nigerian naira, raising the possibility of it trading below the N1000/$ mark in the black market. These developments include reports of the ...
In a remarkable milestone, the Nigeria Exchange (NGX) has continued its bullish momentum, with the All-Share Index crossing the 70,000 mark for the first time in history. The trading day ...
The Nigerian naira has demonstrated notable strength against the U.S. dollar on November 1, 2023, by closing at N786.02 per US dollar at the official market. This marks a significant ...
The Nigerian naira has once again shown resilience by surpassing a critical resistance level on the black market, reaching a rate of N1,170 against the US dollar. However, this achievement ...
The Nigerian naira has shown resilience in the foreign exchange market, strengthening to N815 per US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). This development comes just 24 ...
Visa policy, thekla Advisory, a prominent public affairs advisory firm, has voiced its concerns and recommendations regarding the recent announcement made by the Minister of Interior, Hon. (Dr.) Olubunmi Ojo, ...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government to introduce new foreign exchange ...
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