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 ...
Tag: Naira
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 ...
NRS Chairman: Ending Fuel Subsidy Averted N53 Trillion Bill and Naira Crash to N3,500
The petrol subsidy could have drained as much as N53 trillion from government coffers under present market conditions and driven ...
CBN Raises 364-Day T-Bill Rate to 17.59% Despite N4.4 Trillion in Bids
The Central Bank of Nigeria increased the stop rate on its benchmark 364-day Treasury Bill to 17.59 per cent at ...
GTBank Raises Naira Card International Spending Limit to $40,000
Guaranty Trust Bank has doubled the quarterly international spending limit on its naira debit cards from $20,000 to $40,000, becoming ...
CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal
The Central Bank of Nigeria has shelved a planned N700 billion treasury bills auction scheduled for 5 August 2026, after ...
Popular Story
Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market
Banking System Liquidity Falls N3.86 Trillion as CBN Open Market Operation Drains Cash
Foreign Exchange Turnover Falls 30.23% as Spot and Derivatives Activity Decline
Otedola’s Fortune Reaches $2 Billion as FirstHoldCo Crosses N7 Trillion Market Cap
Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase
