FX Trading Falls 22% to $2.62 Billion as Forward Deals Plunge
The value of dollars traded in Nigeria’s foreign-exchange market dropped 22.23 per cent to $2.62 billion in the week ended ...
Tag: dollar
Naira Seen Holding in N1,290–N1,370 Range Through October
The naira is expected to trade in a range of roughly N1,290 to N1,370 against the US dollar through the ...
Naira Weakens to N1,332.10 at Official Window as Parallel Market Holds Steady
The naira opened the week lower against the US dollar on the official foreign-exchange market, according to Central Bank of ...
Naira Weakens to N1,331.69 at Official Window as Parallel Market Eases
The naira lost ground against the US dollar on Monday, 5 October 2026, trading at N1,331.6875 per dollar on the ...
CBN Returns N10.89 Trillion via OMO Maturities in September but Withdraws N6.62 Trillion Net
The Central Bank of Nigeria repaid approximately N10.89 trillion to the banking system in September 2026 through the maturity of ...
FMDQ Foreign Exchange Turnover Falls 35.41% to $1.70 Billion as Spot Activity Slows
Total foreign-exchange turnover on the FMDQ market declined 35.41 per cent, or $930.18 million, to $1.70 billion in the week ...
Naira Breaks Below N1,500 Against Euro for First Time Since April 2024
The naira strengthened past a key level against the euro, closing at N1,497 per euro according to the latest Central ...
NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%
Turnover on the Nigerian Foreign Exchange Market declined 17.7 per cent week-on-week to $2.25 billion in the week ended 25 ...
Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market
The naira gained against the dollar in both official and parallel foreign exchange markets on Monday, opening the week on ...
Naira Weakens to N1,329.15 per Dollar as Demand Rises
The naira slipped to N1,329.15 per dollar in the official foreign exchange market as renewed demand for international payments weighed ...
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