Tag: FX rates

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AfDB Backs Nigeria’s FX Rates Unification

AfDB Backs Nigeria’s FX Rates UnificationAfrican Development Bank (AfDB) on Monday in Abuja commended President Bola Tinubu’s administration for unifying the naira exchange rate...

Naira Depreciates at Investors, Exporters FX Window

Nigerian naira continues its rough ride in the New Year as the local currency depreciates to N461.67 ...

Naira Plunged despite Foreign Currency Intervention Sales

Naira Plunged despite Foreign Currency Intervention Sales Naira plunged this week despite the Central Bank of Nigeria’s (CBN) foreign currency intervention sales.Pressures on the naira...

CBN technically devalues Naira, sets rate at ₦380 per dollar

CBN technically devalues Naira, sets rate at ₦380 per dollar. The Central Bank of Nigeria sold naira at ₦380 per dollar to deposits money banks on Friday, the move that analysts said that may end multi-tiered exchange rate regime.

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Nigerian Exchange Soars Near N80trn as Investors Gain N1.08trn

Nigerian Exchange Soars Near N80trn as Investors Gain N1.08trnThe...

161m Nigerians now Food Insecure- FG

161m Nigerians now Food Insecure- FGThe Federal Government says...

Egbin Power CEO Calls for Sustainable Development in Electricity Sector

Egbin Power CEO Calls for Sustainable Development in Electricity...

Zenith Bank, UBA Sharp Intraday Rally Boost NGX Index

Zenith Bank, UBA Sharp Intraday Rally Boost NGX IndexThe...

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