- DMO Cuts Nigerian Government Bond Rates as Real Return Widens
- Nestoil Debt Recovery: $60m Lifeline for Nigeria’s Banks – Test of Oil Sector Credit Risk
- Profit-Taking Reduces NGX Market Capitalisation by N106bn
- Naira Rises to N1,349/$ as Interbank FX Turnover Spikes 266%
- XRP Price Risks Free-Falling as Short Position Builds on Binance
- Geregu Power Names Jaoji Acting Chief Executive Officer
- Access Holdings Announces H1 2026 Earnings Results Delay
- Nigeria’s Headline Inflation Rate Declines to 15.43%
FX Market
The naira appreciated to N1,349 to the US dollar at the Nigerian foreign exchange market (NFEM) as the local currency extended its rally on Monday.
The Nigerian naira exchange rate per dollar climbed to N1,348 at the official market amidst rising external reserves, and inflows from offshore investors with interest in elevated yields in the fixed income market.,
Naira ‘Swings Right’, Touches Intraday Low of N1,345 The naira swung right against the US…
CBN Approves $150k Weekly FX Sales to Licensed BDC The Central Bank of Nigeria (CBN)…
The naira rose against the US dollar as the latest update from the Central Bank…
The euro (EURUSD) rose to $1.185, remaining close to its highest point since late January,…
The British pound, or sterling, stabilised at approximately $1.36, staying beneath the four-year peak of…