Tag: forex

The Nigerian naira came under pressure across foreign exchange market segments last week, losing ground despite a steady rise in ...

The Central Bank of Nigeria (CBN) has introduced major reforms to its foreign exchange regulations with the launch of the ...

The Central Bank of Nigeria (CBN) has sustained its tight restrictions on Bureau De Change (BDC) operators’ access to the ...

Retail foreign exchange traders operating as Bureau De Change (BDC) providers have expressed optimism that the Central Bank of Nigeria ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a profit after tax of N5.4 trillion for the 2024 ...

A blockbuster $2.3 billion Eurobond sale, oversubscribed more than fivefold, is poised to propel Nigeria’s foreign exchange reserves to $45 ...

Nigeria recorded a significant boost in foreign exchange inflows in July 2025, with a 24% increase compared to the previous ...

On May 29, 2025, Nigeria’s foreign exchange (FX) market liberalization, initiated in June 2023, has significantly enhanced investor confidence by ...

Speculators in Nigeria’s foreign exchange market are facing significant losses as new regulatory measures introduced by the Central Bank of ...

Nigeria’s net foreign exchange (forex) inflows rose significantly by 44.8% year-on-year (YoY) to $41.89 billion in the first eleven months ...