Tag: Forex Market

The Association of Bureau De Change Operators of Nigeria (ABCON) has mandated its members to strictly adhere to business hours ...

The Nigerian Foreign Exchange Market (NAFEM) saw a significant 61.9% year-on-year increase in dollar turnover, reaching $43.09 billion in the ...

The Association of Bureau De Change Operators of Nigeria (ABCON) has warned that foreign exchange speculators may resist the naira’s ...

The Nigerian naira experienced a significant appreciation in the parallel market, closing at N1,670/$1 on Wednesday, December 4, 2024. This ...

The Nigerian naira has experienced a significant depreciation, falling below the crucial N1,650/$ support level in the official foreign exchange ...

Currency traders have blamed the persistent depreciation of the naira and the volatility in Nigeria's foreign exchange (FX) market on ...

In a notable development on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, the naira appreciated to N1,570/$1 on Thursday, ...

The exchange rate between the Nigerian naira and the US dollar fell to a four-month low of N1,611 on the ...

The Central Bank of Nigeria (CBN) has taken decisive action to stabilize the foreign exchange market by injecting $122.67 million ...

The Dangote Group has announced an ambitious target to generate $30 billion in revenue by 2025, aiming to become Nigeria’s ...