External Reserves Climb Above $54 Billion, Highest Level in 18 Years
Nigeria’s external reserves crossed the $54 billion mark on 3 August 2026, reaching their highest level in 18 years. Central ...
Tag: Naira
Naira Strengthens to N1,315 per Dollar at Official Market
The naira rose to N1,315 against the US dollar on Thursday in the official foreign exchange market. Data from the ...
Eurobond Yields Reach 8.2% as Investors Price in Long-Term Sovereign Risk
Nigeria’s dollar-denominated Eurobonds are trading at yields of up to 8.2 per cent, underscoring the premium international investors continue to ...
NFEM Turnover Climbs 13.8% to $14.45 Billion in August as Naira Closes at N1,335.50
Total turnover in the Nigerian Foreign Exchange Market rose to $14.45 billion in August from $12.69 billion in July, a ...
Official FX Turnover Drops 48.7% to $2.71 Billion in One Week
Foreign exchange turnover at Nigeria’s official market fell sharply by 48.7 per cent week-on-week to $2.71 billion in the week ...
Naira Holds Near Flat in Parallel Market as Official FX Turnover Rises to $1.06 Billion
The naira traded at N1,400 to the dollar in the parallel market on Friday, softening by N3 from the N1,397 ...
CBN Offers N700 Billion Treasury Bills in Second and Final August Auction
The Central Bank of Nigeria, acting on behalf of the Debt Management Office, is offering N700 billion in Nigerian Treasury ...
Currency in Circulation Climbs to N5.73 Trillion, but Real Value Declines 14%
Currency in circulation in Nigeria rose 72.4 per cent over five years to reach N5.73 trillion in 2025, yet the ...
NAFEM Turnover Climbs to $1.41 Billion, Highest Level in Five Weeks
Turnover on the Nigerian Foreign Exchange Market rose sharply to $1.41 billion on August 17, 2026, reaching its highest level ...
CBN Reopens OMO Market to Retail Investors, Raising Pressure on Weak Equities
The Central Bank of Nigeria has reopened its Open Market Operations securities to retail and corporate investors, a step that ...
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External Reserves Climb Above $54 Billion, Highest Level in 18 Years
Naira Strengthens to N1,315 per Dollar at Official Market
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