Tag: FX
Browse our exclusive articles!
CBN Injects FX into Currency Market, Banks Get $50m
CBN Injects FX into Currency Market, Banks Get $50mThe Nigeria’s Central Bank, CBN, was in the official currency market to boost liquidity to maintain...
Naira Strengthens on FX Intervention, Dealing Banks Get $190m
Naira Strengthens on FX Intervention, Dealing Banks Get $190mThe Nigerian naira rose against the US dollar in the official window as the Central Bank...
Nigeria Spends $2.01bn to Service External Debts in 4-Month
Nigeria Spends $2.01bn to Service External Debts in 4-MonthThe Federal Government of Nigeria external debt servicing payment increased by more than 51% year-on-year, according...
Naira Strengthens as Corporate Demand for Dollar Reduces
Naira Strengthens as Corporate Demand for Dollar ReducesBoosted by lower corporate FX demand, the Nigerian naira reclaimed value against the dominant currency, the US...
US Plan to Tax Remittances Will Impact Nigeria FX Inflow—Note
US Plan to Tax Remittances Will Impact Nigeria FX Inflow—NoteInvestment, CSL Stockbrokers Limited, has said that the United States (U.S.) plan to apply tax...
