The Central Bank of Nigeria (CBN) has revised its forex management policies, permitting International Oil Companies (IOCs) operating in the…
Browsing: ForexStability
The Naira closed the month of April on a positive trajectory, marking a significant gain of N28.15 against the dollar…
The Nigerian naira demonstrated resilience against the US dollar, marking a steady appreciation on Thursday, closing at 1,382 naira per…
The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency…
The Nigerian naira witnessed a notable appreciation in the official Foreign Exchange Market, reaching N1,595.11 per dollar. This surge contrasted…
For those venturing into the marketplace in search of basic necessities, the impact of foreign exchange fluctuations on prices has…
In a bid to address the recent plunge of the naira to an unprecedented low of 1,850 against the dollar…
In a slight upward movement, the Nigerian naira gained ground against the United States dollar on Tuesday, climbing to N1,499…
In a move to reduce the pressure on the naira, the Economic and Financial Crimes Commission has raised a 7,000-man…
The official foreign exchange market witnessed a substantial rise in dollar supply, soaring by 180.59 percent to $440.13 million on…
In response to the recent unprecedented decline of the national currency, the Federal Government is reportedly considering a policy that…
In recent developments, it has been learned that the Central Bank of Nigeria (CBN) has taken significant actions to address…