Super-sized liquidity returns to Nigeria’s FX market as daily trades near $1bn
Turnover in Nigeria’s foreign exchange market jumped to the highest in a single day since 2017 on Thursday, as foreign...
Turnover in Nigeria’s foreign exchange market jumped to the highest in a single day since 2017 on Thursday, as foreign...
Amid concerns over the Central Bank of Nigeria’s (CBN) inability to meet foreign exchange (FX) obligations, PricewaterhouseCoopers (PwC) has sounded...
When it comes to the Foreign Exchange (FX) markets and the determination of the exchange rate in Nigeria, the Central...
The Central Bank of Nigeria (CBN) has said it will sanction the International Monetary Transfer Operators (IMTOs) for breaching of...
In a surprise move on 14 June 2023, the Central Bank of Nigeria (CBN) announced the removal of all restrictions...
Foreign exchange pressure in Nigeria has piled up as some dealers have quoted a bid price of N900 per dollar....
The foreign exchange market is expected to witness increased liquidity following the removal of restrictions on domiciliary accounts by the...
Nigeria’s non-oil exporters have repatriated a total of $4.99 billion, 10 months after the introduction of the RT200 initiative by...
Nigeria’s currency plunged to a record in the spot market on Friday, narrowing the gap with the rate that investors...
The Central Bank of Nigeria (CBN) has adopted the Investors and Exporters (I&E) window rate, sources close to the apex...