Foreign Exchange market

The Naira on Monday appreciated by 3.11 percent against the Dollar at Nigerian Autonomous Foreign Exchange Market (NAFEM) Window, closing at a rate of N1,408.04. The local currency has been on positive trajectory lately amid Central Bank…

At the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, the Naira appreciated by 0.90 per cent to close at N1,603.38 against the dollar. The local currency at the FMDQ Exchange market traded high and low at N1,632 and…

The Naira at the Nigerian Autonomous Foreign Exchange Market (NAFEM) closed on Friday at N1537.96 against the dollar as pressure mounted on the local currency. The local currency depreciated by 4.6 percent Week-on-Week (WoW) from N1,469.97…

In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players in the…

The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the Inter-bank Foreign Exchange Market to meet customer’s request in various segments of the market. The CBN Director, Corporate Communications, Mr Isaac…

The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market. The CBN Acting Director of Corporate Communications, Mr Isaac…

The Central Bank of Nigeria (CBN), on Tuesday, injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market. The CBN acting Director, Corporate Communications, Mr…

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, At the parallel market, the naira traded at N360 to a dollar, stronger than the N360.6 exchanged before the Sallah break, while the Pound…

 The Naira on Wednesday dropped to N360.16 against the dollar at the investor’s window, losing 70kobo from N360.09 traded on Tuesday. Trading at the parallel market saw the naira closed at N362 to the dollar, while the Pound Sterling…

The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar. The Nigerian currency lost 20 kobo from N361 earlier traded before the Easter break. The naira also closed…