Forex market

Naira declines steeply in I&E forex market

The Naira depreciated sharply against the US Dollar at the official Investors and Exporters (I&E) forex window on Thursday, losing…

4 years ago

Naira maintains stability at forex market as Reserves stands hits $36.4b

The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion,…

5 years ago

Pressure continues to mount on Naira, depreciates to N478/$ in the parallel forex market

There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange…

5 years ago

Naira strengthens 1.04% to N478/$ at parallel forex market

The liberalization of the diaspora remittance policy of the Central Bank of Nigeria (CBN) seemed to be impacting the country’s…

5 years ago

CBN bans third parties from getting forex via form M

The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through…

6 years ago

Naira weakens by 0.04% to ₦385.83/$1 in I&E forex window

The Naira depreciated further at the Investors and Exporters (I&E) foreign exchange window on Monday as dollar scarcity continues to…

6 years ago

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