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Tag: foreign exchange

USD Poised For June Bounce Back After 34 Week Record Loss

The USD (greenback) continued it 3 week losing streak as the dollar

Buhari Insists On Local Food Consumption, Orders CBN To Sideline Importers

Nigerian President, Muhammadu Buhari, has directed  the Central Bank of Nigeria (CBN)

“Banks you regulate use parallel market rates” – Nigerians react to Emefiele’s claims on forex

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has taken

Cost Of Prepaid Meters Increases By 19.6 %, Says IKEDC

Ikeja Electricity Distribution Company (IE) has announced that the prices of meters

COVID-19. More woes as the Naira falls to N450 to 1 Dollar amid FX scarcity

  Nigeria faces another major setback amidst the Covid-19 pandemic as the

CBN Injects  $210m Into Forex Market

The Central Bank of Nigeria (CBN) has injected the sum of 210

Forex: Central Bank of Nigeria (CBN) injects $325.5m into retail market

The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the

Buhari to CBN: Don’t give forex to food importers

President Muhammadu Buhari on Tuesday said he had directed the Central Bank

Forex stability: CBN intervenes with fresh $279.13m, CNY 46.92m for retail SMIS

The Central Bank of Nigeria has injected fresh $279.13m and CNY 46.92m

Forex market: CBN widens margin for BDCs by N3

The Central Bank of Nigeria (CBN) has approved an upward review of

CBN mandates BDCs to access foreign exchange window thrice weekly

The Central Bank of Nigeria (CBN) has made it mandatory for all

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange

CBN injects $210m into Foreign Exchange market

The Central Bank of Nigeria (CBN) has injected another 210 million dollars

FOREX: CBN maintains market liquidity with $195m

The Central Bank of Nigeria (CBN) on Monday continued to maintain liquidity

Fidelity Bank, LBS move to boost foreign exchange earnings with export initiative

Fidelity Bank Plc has expressed readiness to support the Federal Government non-oil

Naira rebounds against dollar

The Naira on Tuesday, appreciated against the dollar at the parallel market.

Naira maintains position at parallel market

The Naira on Monday remained stable at the parallel market, exchanging at

Why CBN interventions fail to save Naira

Financial experts have diagnosed plausible reasons for the steady depreciation of the

NSE market capitalisation increases by N208bn

Transactions sustained positive trend on the Nigerian Stock Exchange (NSE) on Friday

Forex: Naira loses against dollar

The naira on Thursday continued to fall against the dollar at the

Naira dips further against dollar

The naira on Monday depreciated further against the dollar at the parallel

Naira sustains gain at parallel market

The naira on Wednesday appreciated against the dollar at the parallel market,

Naira gains marginally against dollar

The Naira on Wednesday appreciated marginally against the dollar at the parallel

Naira appreciates against dollar

The Naira on Monday appreciated against the dollar at the parallel market,

Dollar falls to N360 as CBN pumps additional $195m

The Central Bank of Nigeria (CBN), in continuation of its drive to

NASS to seek special dollar exchange rate for pilgrims – Rep Salame

The National Assembly will seek special dollar exchange rate for both Christian

FG targets $8 billion forex earning annually from yam export

The Federal Government says it is targeting about eight billion dollars as

FG targets $8 billion forex earning annually from yam export

The Federal Government says it is targeting about eight billion dollars as

CBN injects $195m into foreign exchange market

Following its 800 million dollars intervention in the inter-bank Foreign Exchange (FOREX)

CBN injects $413.5m in economy to sustain Naira value

The Central Bank of Nigeria (CBN) on Monday intervened in the inter-bank