CBN sells $106.5m to authorized dealers to boost supply in FX market
The Central Bank of Nigeria (CBN) has announced the commencement of regular…
Afrinvest says sustaining improvement in FPI could support price, ease FX pressures
A Lagos-based investment banking and advisory firm, Afrinvest (West) Africa Limited, has…
Invest in assets that retain value amidst high interest rate, scarce FX -Expert advises
Corporations and Investors should be prepared for a high interest rate regime,…
Project cargoes litter Lagos ports as FX volatility bites
Many project cargoes currently litter the ports in Lagos following Nigeria’s unstable…
Naira depreciates to N1,416/$ at official market
The Naira on Tuesday depreciated further at the official market, trading at…
Managing the trilogy of inflation, growth and FX
In trying to contain the hydra-headed monster, which inflation represents, the Central…
JUST IN: Naira gains at official market, trades N1,390/$
The Nigerian currency Naira, on Tuesday, gained 2.02% against the US dollar…
For umpteenth time, Naira gains at official market
The Naira gained further at the official market, trading at N1,262.85 to…
$7bn forex backlogs: NACCIMA lauds CBN, urges steps to address unmet FX requests, others by OPS operators
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA),…
CBN lifts FX restrictions on dairy products
Central Bank of Nigeria (CBN) has lifted forex restrictions on the importation…
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