Tag: FX

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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...

Naira Skids as Dollar Shortage Resurfaces in Nigeria FX Market

Naira Skids as Dollar Shortage Resurfaces in Nigeria FX MarketThe naira retreated against the US dollar across the foreign exchange (FX) market due to...

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Oil Prices Up as Demand, Supply Imbalance Influence Energy Cost

Oil Prices Up as Demand, Supply Imbalance Influence Energy...

Nigeria Gives Air Peace the Nod for Direct Flights to Brazil

Nigeria Gives Air Peace the Nod for Direct Flights...

Lafarge Africa Hits 52-Week High, Analysts Adjust Target Price

Lafarge Africa Hits 52-Week High, Analysts Adjust Target PriceLafarge...

Nigeria Seeks 25% Boost in OPEC Quota by 2027 – NNPC

Nigeria Seeks 25% Boost in OPEC Quota by 2027...

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