Naira crumbles as CBN extends FX sales deadline
The Naira depreciated at the official market on Monday, trading at N1,495.60…
Indigenous ship-owners abandon vessels as FX crisis distort dry-docking services
Many vessels have been left unattended to following the continuous instability in…
2025: Manufacturing still contending FX volatility, high inflation, high energy prices and infrastructure deficit
Year 2024 remains a year to remember for operators and critical stakeholders…
Indices Trading in Nigeria: A Detailed Exploration
In recent years, Nigeria has witnessed a significant shift in the way…
Nigeria’s New FX Trading System Explained: The Electronic Foreign Exchange Matching System
Nigeria's foreign exchange market has experienced significant changes with the introduction of…
FX subsidies outpaced fuel subsidies under old regime, says Cardoso
The Central Bank of Nigeria has disclosed that unknown to most Nigerians,…
Q2 FX utilisation favours financial services—Report
Indications have emerged that there is an ongoing shift in Foreign Exchange…
JUST IN: Naira appreciates, and trades at N1,600/$
The Naira closed the week stronger on Friday at the official market,…
IMF identifies three circumstances for central banks’ FX Intervention
The International Monetary Fund (IMF) has identified three circumstances under which central…
Naira hits record low, depreciates by N72.58 against dollar
The Nigerian Naira has plummeted to a record low, depreciating by N72.58…
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