- XRP Price Ticks Up as Ripple Invests in Flutterwave
- HYPE- Hyperliquid Surges by 11% on SpaceX Perp Catalyst
- GCR Upgrades Wema Bank Plc’s Issuer Rating to A/A1
- SSA Sovereigns Face Iran Shock from Stronger Starting Point -Fitch
- Crude Oil Prices Ease on US-Iran Peace Dividend
- CBN Mandates Banks, Fintechs to Host Payment Data Locally
- Overnight Rate Climbs as Financial System Liquidity Declines
- XRP Gains as Ripple RLUSD Stablecoin Lists on Gate.io
FX Market
The naira rose against the US dollar in the Central Bank of Nigeria (CBN) foreign exchange
The dollar index (DXY) moved back below 100 after reaching 100.5 early in the session, as traders assessed the latest developments in the Middle East.
The naira halted two days of depreciation on Wednesday, gaining 0.58% to ₦1,378.70/$ at the official window as foreign payment pressures eased from N1386 per dollar.
Naira Depreciates as Interbank Deals Sink on FX Shortage The naira maintained a downtrend against…
Boosted by rising demand, the US dollar rallied against its trading pairs to its highest positions in about a year, supported by geopolitical tensions and shifting rate expectations.
Naira Falls at Informal FX Segment over Dollar Shortage The naira weakened against the US…
Official, Parallel Markets FX Gap Widens as Naira Swings The naira exchange rate gap between…