Currency Watch

Nigeria’s external reserves declined by 1.94 percent to $34.94 billion as at April 28 from $35.25 billion as at April 16, 2021, according to data obtained from the Central Bank of Nigeria…

Nigeria's currency on Wednesday strengthened by 0.10 percent against the dollar in spite of the decline in liquidity at the Investors and Exporters (I&E) forex window. The daily…

Nigeria’s currency closed flat across various market segments on Monday as demand for dollars moderated amid improved liquidity. The foreign exchange daily turnover increased by 48.23…

Nigeria's currency on Thursday opened the intraday trading with marginal depreciation of 0.03 percent at the Investors and Exporters (I&E) forex window. The naira/dollar exchange rate…

The Central Bank of Nigeria (CBN) on Tuesday announced that it is working with key stakeholders in the African continent, particularly the Afrexim Bank, to improve the underlying payment…

The Central Bank of Nigeria (CBN) on Tuesday threatened to sanction banks and other foreign exchange dealers that refuse to accept old series/lower denomination of U.S dollar bills from…

Nigeria’s currency on Monday appreciated by 0.16 percent against the dollar to N410.33k compared to N411.00k it closed on Friday at the Investors and Exporters (I&E) forex window. The…

Nigeria’s foreign exchange market closed the week with 0.3 percent loss in the value of the naira against the dollar, weaker than 0.36 percent it closed the previous week at the Investors…

Nigeria's currency on Thursday closed stable at various segments of the foreign exchange as liquidity increased significantly at the Investors and Exporters (I&E) forex window. The…

Nigeria's currency on Wednesday strengthened against the dollar by 0.12 percent amid low liquidity at the Investors and Exporters (I&E). The daily foreign exchange market turnover…