Forex, Oil and Gas specialist Mr. Emmanuel Iheanacho has emphasized that the recent uptick in the value of …
Forex
Forex, the Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators, notifying …
Forex, the budget’s core elements have undergone substantial shifts due to prevailing foreign exchange market conditions. Following the …
- Market
Forex Turnover Records $145.89 Million as Naira Marginally Depreciates to N902.45/$1 at the Official Market
by Harry ChomsOn Friday, January 19th, 2024, forex turnover experienced a 17.36% decline to $145.89 million as the Nigerian naira …
- Market
Forex Turnover Hits $147.81 Million as Naira Depreciates to N878.57/$1 in Official Market
by Harry ChomsOn January 16th, 2024, forex turnover experienced a substantial surge, reaching $147.81 million, marking a 460.52% increase compared …
- Market
Forex Turnover Hits $127.93 Million as Naira Strengthens to N872.59/$1 in Official Market
by Harry ChomsOn the first trading day after the Christmas holiday, the Nigerian Naira gained against the dollar, appreciating by …
On December 20, 2023, the forex turnover in Nigeria saw a decline of 21.45%, totaling $181.30 million, accompanied …
- Market
Forex traders defy inflation as Naira appreciates to N889.86/$1 at the official market
by Harry ChomsThe naira gained ground against the US dollar in both the official and parallel markets. This is despite …
Nigeria recorded $11.11bn aggregate foreign exchange inflow in July and August, figures obtained from the Central Bank of Nigeria …
Nigeria’s foreign exchange market is grappling with significant pressure, leading to the devaluation of the naira and raising …