Daily Forex Turnover Reaches Record High of $857 Million as Naira Strengthens
On Thursday, March 28th, the daily forex turnover surged to an all-time high of $857 million, marking a significant milestone ...
Tag: Naira
CBN Orders BDCs to Sell Dollar at N1,269/$ as Naira Maintains Steady Appreciation
The Central Bank of Nigeria (CBN) has instructed Bureau de Change (BDC) operators to sell the dollar at a rate ...
Naira Strengthens to N1,400 on Parallel Market, N1,408 on Official Window
On Tuesday, the naira experienced a further appreciation in value at the parallel segment of the foreign exchange (FX) market. ...
CBN Executes FX Sale to BDCs at Rate of N1,251 per Dollar
The Central Bank of Nigeria (CBN) has announced the commencement of the second tranche of sales of foreign exchange (FX) ...
FG’s External Debt Soars by N17.37 Trillion in One Year Amid Exchange Rate Fluctuations
The Debt Management Office (DMO) has revealed a staggering increase in the naira value of the federal government's external debt, ...
Naira Continues Steady Appreciation Against US Dollar, Reaching N1,382/$ at Official Market
The Nigerian naira maintained its upward trajectory against the United States dollar on Thursday, marking a notable gain of N18 ...
CBN Clears Forex Debt, Triggers New Exchange Rate Expectations
The Central Bank of Nigeria (CBN) has announced the successful clearance of all outstanding forex forward contracts, a move that ...
Naira Strengthens to N1,460/$ in the Parallel Market
In a significant turnaround, the Nigerian naira demonstrated resilience against the United States dollar on Wednesday, experiencing a notable surge ...
Naira Strengthens to N1,560.57 Against Dollar on Official FX Market
The naira has surged against the US dollar, now quoted at N1,560.57 on the official market. This upward momentum reflects ...
Nigeria’s Tax Revenue Surges to N3.21 Trillion as Foreign Tax Earnings Double
Nigeria has experienced a remarkable surge in tax revenue from foreign firms, nearly doubling in just one year, according to ...
Popular Story
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Banking System Liquidity Falls N3.86 Trillion as CBN Open Market Operation Drains Cash
Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline
Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market
Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase
