Naira Nears N1,600/$1 as Daily Forex Turnover Hits 2024 Low
The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point ...
Tag: forex liquidity
Naira Strengthens to N1,570/$1 on Improved Forex Supply
In a notable development on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, the naira appreciated to N1,570/$1 on Thursday, ...
Banks Sell $172 Million as CBN and EFCC Combat Currency Speculators
In a bid to curb the activities of currency speculators and stabilize the exchange rate, Nigerian banks have sold approximately ...
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