Tag: forex

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 ...

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 ...