- 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 naira recorded its largest daily gain since the beginning of the year at the Nigerian foreign exchange market on Tuesday, as US dollar supply eclipsed demand for foreign payments.
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…