Tag: forex

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 ...

The Central Bank of Nigeria (CBN) revealed that $1.25 billion was allocated for fuel imports and related items between January ...

Stakeholders in Nigeria’s telecommunications industry are projecting increased investment in 2025, fueled by the relative stability observed in the foreign ...

The Nigerian Foreign Exchange Market (NAFEM) recorded a significant increase in dollar trade volume, with turnover rising by 61.9% year-on-year ...

The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14, ...

In a bid to stabilize the Nigerian foreign exchange market and meet the rising demand for foreign currencies, the Central ...

The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point ...

The Nigerian naira made a notable recovery in the official market on Wednesday, August 21, 2024, after a sharp depreciation ...

Nigerians significantly reduced their expenditure on foreign education in the first quarter of 2024, according to recent data from the ...