Tag: Naira

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

In April 2024, Nigeria experienced a notable surge in capital outflows, reaching a total of $1 billion, marking a significant ...

Nigeria's foreign exchange (FX) market experienced a significant boost in trading activity in July 2024, with a turnover of N11.48 ...

The Central Bank of Nigeria (CBN) has implemented a new exchange rate for calculating customs duties, offering relief to importers ...

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

The Nigerian naira exhibited a mix of gains and losses against the US dollar in the foreign exchange market on ...

The Nigerian naira continued to hover around N1600 per dollar in the black market on Wednesday morning, maintaining its position ...

Currency traders have blamed the persistent depreciation of the naira and the volatility in Nigeria's foreign exchange (FX) market on ...

The federal, state, and local governments in Nigeria collectively gained an additional N2.74 trillion in revenue from exchange rate fluctuations ...

The Nigerian naira has experienced a significant strengthening in the official foreign exchange market, marking three consecutive days of appreciation. ...