FX turnover records first crash after Afrexim Bank’s $925 million announcement
The foreign exchange (FX) turnover on the Nigerian official market crashed by 39.95% on Monday.
The foreign exchange (FX) turnover on the Nigerian official market crashed by 39.95% on Monday.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has attributed the recent volatility in the foreign ...
The naira stayed around a key support line in the country's unofficial market as analysts expect Nigeria’s apex bank to ...
MTN Nigeria has said that it utilized the improved liquidity in the FX market to reduce the balance of outstanding ...
Exchange rate volatility increased in March 2024 as the Naira traded within an exchange rate range of $/N1,300.43 – $/N1,627.40 ...
Adebayo Adelabu, the Minister of Power, has said that the revised electricity tariff for Band A customers could decrease if ...
The Chairman of the Bank Directors Association of Nigeria, Mustafa Chike-Obi, has stated that the Central Bank of Nigeria (CBN)’s ...
The Nigerian Electricity Regulatory Commission (NERC) has applied an exchange rate of N1463.3/$ in calculating the new electricity tariff for ...
The Nigerian local currency is running out of time, and the U.S. dollar index is hovering around two-month lows as ...
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January ...