Browsing: FX
Tough Nov. for Naira: CBN Steps Up FX Interventions by 348% The Central Bank of Nigeria’s (CBN) FX injections into…
Euro Holds Position Amidst Fed Rate Cut Expectations The euro steadied at $1.16 mark, hovering near its strongest level since…
Central Bank Supports Naira with $36.6m FX Intervention The Central Bank of Nigeria (CBN) sold US dollars to authorised dealers…
FX Spread Narrows as Naira Falls Across Official, Parallel Markets The FX spread, or the gap between official and unofficial…
CBN Sells $250mn to Defend Naira as FX Pressures Increase The Central Bank of Nigeria (CBN) sells $250 million in…
Sterling Swings versus Dollar, Euro Ahead of UK Budget The British pound, or the sterling, traded on a mixed note…
Naira Sold Off Amidst Liquidity Shortfall in FX Market The naira swung negatively against the US dollar at the official…
Naira Rises after CBN Sells $50m to Boost FX Supply The naira rebounded against the US dollar at the Nigerian…
CBN Intervenes in FX Market with $50m as Naira Faces Pressure The Central Bank of Nigeria (CBN) was in the…
Nigeria’s Foreign Reserves Climb to $46 billion, CBN Says Nigeria’s foreign reserves surged past $46 billion, Governor of the Central…