- XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow
- Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable
- Money Market Rates Mixed as Banking System Liquidity Dips
- CBN to Open N1trn Worth of Treasury Bills for Subscription
- CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs
- Naira Opens Weak, Foreign Investors Drive $0.93bn FX Inflows
- South African Rand Firmer as ‘Peace Deal’ Shifts Market Sentiment
- Global Equities Markets Rally on AI Momentum, SpaceX IPO Debut
FX Market
The naira opens Monday’s trading session on a weak note following mild depreciation at the Nigerian foreign exchange market
The South African rand slid against major currencies as the World Bank reduced its estimate of the country’s 2026 gross domestic product (GDP) growth.
South African rand (ZAR) is little changed against the US dollar ahead of key economic data scheduled for release on Thursday. The local unit traded rangebound in yesterday’s session and is little changed this morning, First National Bank (FNB) said in a note.
Naira Touches N1,400 per Dollar in Nigerian Currency Market The naira appreciated sharply against the…
The Nigerian naira traded at N1,418 per dollar at the Nigerian Foreign Exchange Market (NAFEM) window on Monday in the absence of foreign payments pressures.
The British pound or the sterling climbed against the US dollar at the forex market, traded at $1.3525, its highest level in over two weeks.
The naira skidded against the US dollar at the official window as FX payments weighed on liquidity balance in Nigeria’s forex market, amidst growing external reserves.
Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease The naira settled at…
The Naira depreciated by N1.38 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, closing the session at ₦1,422.07/$, according to daily FX update released by the Central Bank.