Currencies
Naira Appreciates to N429.62/$1 at the I&E Window Despite a 21% Shrink in Forex Supply
Friday, August 12, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
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Ghana Cedi Down by 47% Year-to-date as the US Dollar Strengthens
The Ghana cedi has depreciated largely since the beginning of the year 2022 against the US dollar, falling by as...
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Naira Depreciates to N430.25/$ at the I&E Window as Forex Supply Shrinks by 95%
Thursday, August 11, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
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Naira Drops by a Whooping N7 at the Parallel Market
Wednesday, August 10, 2022: The rate at which the naira exchanges for the dollar in the parallel (black) market stood...
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Nigeria’s Gross Foreign Reserve Records the Fourth Decline this Month, Stands at $38.95 Billion
Nigeria’s gross foreign reserve over the last few months has hovered around the $38 billion/$39 billion corridor. Despite the rising...
Read moreNaira Declines to N431/$1 at the I&E Window Despite 61% Surge in Forex Supply
Friday, August 8, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a bearish note...
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NESG: Multiple Exchange Rates in Nigeria Impedes Required Flow of Foreign Investments.
The Nigerian Economic Summit Group (NEGS) has highlighted that the multiple exchange rates in Nigeria continue to erode the much-needed...
Read moreNaira Stables at the Investors and Exporters (I&E) Window, Maintains N428.12/$
Friday, August 5, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session with the naira maintaining...
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Naira Rises to N428.12 at the I&E Window as Gross Reserve Increases
Thursday, August 4, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a positive note...
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Naira Climbs up to N429.20 at the Investors and Exporters Window
Wednesday, August 3, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a positive note...
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