Browsing: NAFEX
The Nigerian naira depreciated to N774 per United States (US) dollar on Monday as about $165 million
After significant downward pricing, the Nigerian naira saw a sharp appreciation on Monday against the dominant USD
After more than a 56% decline in foreign currency inflows into the Nigerian Autonomous Foreign Exc…
Arbitrage activities were spotted in the parallel foreign exchange (FX) market …
CBN Hints on FX Convergence around NAFEX rate, Put backlog at $2.5bn. The Central Bank of Nigeria says the nation’s external reserve remains substantial to service foreign exchange obligations as it estimated foreign exchange backlog at $2.5 billion.