Browsing: Naira

CBN Sells N5.5trn T-Bills in Q1, Rejects Bids worth N9.7trn In the first quarter of 2025, the Central Bank of…

The naira value declined sharply in the official window as data from the FMDQ platform revealed that inflows from foreign investors

CBN Defends Naira with $669 Million in Q1-2025 The Central Bank of Nigeria (CBN) defended the naira from losing significant…

CBN Boosts FX Market Liqudity with $197.71 Million The Central Bank of Nigeria (CBN) supplied a total of 197.71 million…

Naira Falls to N1567 against US Dollar at FX Market The Naira depreciated on Friday at the official market, trading…

Naira Plunges by 1.4% as Higher Tariff Hits Nigeria’s Exports The naira plunged sharply at the official FX window after…

Naira Rises at Official Market, BMATCH on Strong Net FX Reserve The Naira rose against the US dollar in the…

In March, naira (NGN) rates worsened against the US dollar (USD) across the foreign exchange markets despite significant FX interventions in the official and parallel markets. The naira lost 3%, though the Central Bank of Nigeria (CBN) pumped more than $1 billion official window to oil the forex market inflows.

Nigerian Treasury Bills Yield Jumps after CBN Cuts Spot Rate The average yield on Nigerian Treasury bills jumped by 20…

The FX spread or exchange rates gap between official and parallel market narrowed to N21.34 as the naira depreciated further at the Nigerian autonomous foreign exchange market.