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Naira Appreciates as FX Reserve Halts 16 Weeks Decline
FX Market

Naira Appreciates as FX Reserve Halts 16 Weeks Decline

Julius Alagbe - 0
In what appears as a benchmark trading point for the local currency, Naira was exchanged at N416
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Naira Falls as CBN Says Petroleum Imports Gulp 40% of Dollar Inflows
FX Market

Naira Falls as CBN Says Petroleum Imports Gulp 40% of Dollar Inflows

Julius Alagbe - 0
The Nigerian local currency, naira, drops as Central Bank said 40% of its foreign exchange receipts
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FX Sales Discontinuation to BDCs Will Keep USD above N500, Firm Says
FX Market

FX Sales Discontinuation to BDCs Will Keep USD above N500, Firm Says

Olu Anisere - 0
Discontinuation of foreign currencies (FX) sales to bureau de change (BDCs) operators expected...
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FX Inflows into Nigeria Rise in August - Report
FX Market

FX Inflows into Nigeria Rise in August – Report

Marketforces Africa - 0
Foreign exchange (FX) inflow to the economy increased due to improved inflow through
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Bankers' Committee to Move FX Sales Online
FX Market

Bankers’ Committee to Move FX Sales Online

Ogochukwu Ndubuisi - 0
 Mr Segun Agbaje, Group Managing Director of Guarantee Trust Bank, has said foreign exchange for Personal
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Naira to Hit N440 at Official Window, Analysts Say
FX Market

Naira to Hit N440 at Official Window, Analysts Say

Marketforces Africa - 0
Without addressing pressure on demand for the United States dollar in Nigeria, a resultant result of low
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Investors Earn Treasury Inflation-Exposed Returns as Naira Drops
News

Investors Earn Treasury Inflation-Exposed Returns as Naira Drops

Olu Anisere - 0
Investors in Nigerian markets are facing a double-whammy of inflation-exposed returns...
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Naira Depreciates as Nigeria’s Foreign Reserves Near $36 Billion
FX Market

Naira Depreciates as Nigeria’s Foreign Reserves Near $36 Billion

Julius Alagbe - 0
The Nigerian local currency suffered at the foreign exchange market this week as the naira tumbles...
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Dollar Trades Mixed Ahead of FOMC Meeting
FX Market

Dollar Trades Mixed Ahead of FOMC Meeting

Julius Alagbe - 0
The United States (U.S) dollar is mixed against its major trading partners early Friday
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Dollar Slides Ahead of Fed Chairman Reconfirmation Hearing
FX Market

Dollar Slides Ahead of Fed Chairman Reconfirmation Hearing

Marketforces Africa - 0
The US dollar is holding lower against its major trading partners early Monday aheady.
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