The Association of Bureaux De Change Operators of Nigeria (ABCON) has given its backing to the Central Bank of Nigeria...
Nigeria’s currency weakened even after authorities threatened to cut the banking services of exporters who fail to repatriate their dollars,...
Currency in Circulation (CIC) rose by 29.30 percent year-on-year to N2.90 trillion at the end of December 2020 from N2.25...
Liquidity in the financial market is expected to increase this week following anticipated inflow from Open Market Operation (OMO) worth...
The foreign exchange market ended the trading week with Nigeria’s currency depreciating by 0.63 percent to N480 compared to N477...
Nigeria’s currency on Wednesday appreciated by 0.42 percent to N478 per dollar after weakening to N480/$ on Tuesday at the...
Nigeria’s currency on Tuesday depreciated by 0.63 percent as the dollar traded at N480, weaker than N477 traded on Monday...
The foreign exchange (FX) market closed the week with Nigeria’s currency dropping by 0.42 percent as the dollar was quoted...
Nigeria’s currency on Wednesday depreciated by 0.21 percent at the Investors and Exporters (I&E) forex window, in spite of increased...
Nigeria’s currency on Wednesday strengthened against the dollar across foreign exchange market segment, driven by forces of demand and supply....
Bureaux De Change Operators (BDCs) on Monday advocated for unification of exchange rates saying it is necessary to maximise the...
Nigeria’s currency on Friday lost 0.42 percent as the dollar closed at N472, breaking two weeks stability at N470 sold...
Nigeria’s Federal Government in 2020, raised N3.62 trillion through the issue of treasury bills (NT-Bills) across various tenor buckets. The...
Nigeria’s naira firmed in early Thursday trade against the dollar, which languished near its lowest in nearly three years, after...
The foreign exchange, turnover on Wednesday rose by 56.67 percent to $52.50 million from $33.51 million recorded on Tuesday at...