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Naira Sinks to N436 at Investors, Exporters FX Market
FX Market

Naira Sinks to N436 at Investors, Exporters FX Market

Marketforces Africa - 0
At N436, no respite in sight for the Nigerian local currency naira in the foreign exchange (FX) market.
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FX Spread Widens after Banks Cut Debit Card Spending
FX Market

FX Spread Widens after Banks Cut Debit Card Spending

Ogochukwu Ndubuisi - 0
Foreign Exchange spreads – the difference between official and parallel market rates
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Naira Crashes to N419 as External Reserves Sink
FX Market

Naira Crashes to N419 as External Reserves Sink

Marketforces Africa - 0
The Nigerian naira traded weak at N419 to the United States dollar on Friday at the Investors and Exporters
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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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US Dollar Mixed Amidst Threat of Omicron Spread
Financial Market

US Dollar Mixed Amidst Threat of Omicron Spread

Marketforces Africa - 0
The US dollar was mixed against its major trading partners early Monday to start the week
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Dollar Trades Stronger Ahead of Powell's Testimony
FX Market

Dollar Trades Stronger Ahead of Powell’s Testimony

Marketforces Africa - 0
The United States (U.S) dollar was stronger against its major trading partners ahead of testimony
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Naira Reclaims Value at Investors, Exporters FX Window
FX Market

Naira Reclaims Value at Investors, Exporters FX Window

Marketforces Africa - 0
The Nigerian local currency, the naira, on Thursday reclaim value, albeit moderately at investors and exporters
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Naira Gains amidst Loud Calls for Devaluation
FX Market

Naira Gains amidst Loud Calls for Devaluation

Julius Alagbe - 0
The Nigerian naira records marginal gain at the Investors' and Exporters' foreign exchange (FX) window
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Dollar Softens as Markets See Sanctions Against Russia as Modest
Global Market

Dollar Softens as Markets See Sanctions Against Russia as Modest

Marketforces Africa - 0
The United States, US, dollar slides against its major trading partners early Wednesday as markets
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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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