Tag: foreign exchange

In a concerning turn of events, the Nigerian Naira fell to a historic low of N1,235 per US dollar on ...

In a pivotal move to address the persistent issue of liquidity in Nigeria's foreign exchange market, President Bola Tinubu has ...

The Japanese yen briefly weakened beyond 150 against the US dollar, sparking concerns of potential currency intervention by Japanese authorities. ...

The Nigerian naira extended its slump in black-market trading at low as 1000/$ as the nation’s dollar shortage deepened two months after ...

The Nigerian Naira witnessed a decline of 1.48 percent on Wednesday, despite a boost in dollar liquidity in the official ...

The highly anticipated Dangote Refinery is gearing up to commence its diesel and jet fuel refining operations in October 2023, ...

Nigeria's revenue from the sale of crude oil, excluding condensates, experienced a significant uptick in August 2023. This increase can ...

The Acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi, has announced that the CBN is working ...

Foreign investment in Nigerian stocks has reached its lowest point since President Bola Tinubu's transformative reforms that ignited a significant ...

The Economist Intelligence Unit (EIU) has predicted that the pressure on Nigeria's currency, the naira, is likely to persist in ...