Browsing: FX Market
CBN Spends $7.5 billion to Defend Nigerian Naira in 2025 The naira gained 7.14% in 12 months with $7.53 billion…
Naira Climbs to N1,430 after $790 Million FX Interventions After a 24% surge in FX interventions, the naira appreciated against…
Naira Drops at Official Window Despite FX Intervention The naira depreciated against the US dollar at the official window despite…
Foreign Currency Inflow into Nigerian Market Sinks by 95% Total foreign currency inflows into the Nigerian currency market went down…
Euro Trades Strong after Rates Decision Diverge The euro (EURUSD) hovered around $1.18 with a small gain against the US…
Naira Extends Rally as Gross External Reserves Surge The naira extended its rally against the US dollar at the official…
Naira Appreciates by N11 at Nigerian Foreign Exchange Market The naira appreciated against the US dollar as the Central Bank…
Naira Poises for Strong Year-End as CBN Funds Liquidity Gap The Nigerian naira picked up momentum against the US dollar…
Central Bank Funds FX Payments with $150m as Inflow Drops The Central Bank of Nigeria (CBN) funded international payments with…
Naira Appreciates Market-Wide as CBN Funds FX Payments The Nigerian naira experienced a market-wide rally on Tuesday as foreign transactions…