Browse Tag

Foreign exchange markets

Financial Markets Week-end Summary – June 28, 2024

Nigeria Borrows N7.71 Trillion In Q1 2024 The Debt Management Office (DMO) reported that Nigeria’s new borrowing in Q1 2024 was N7.71 trillion. This included N2.81 trillion from the N6.06 trillion domestic borrowing provided in the 2024 Appropriation Act and N4.90 trillion

June 29, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

In its bid to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has announced second tranche of dollar sales to eligible Bureau de Change (BDC) operators at the rate of ₦1,251/$1. The CBN said this is to

March 26, 2024

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Black Market Rates For Dollar, Pound, Euro Drop, As Tinubu Set To Unify Rates

The Naira gained against foreign currencies in the black market on Monday morning during Bola Tinubu’s swearing in ceremony at the Eagles Square, Abuja. Data obtained from Naira Rates, an aggregator exchange rate platform, showed that the Naira appreciated by 0.5 per

May 29, 2023

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Foreign exchange markets

Financial Markets Week-end Summary – June 28, 2024

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

Black Market Rates For Dollar, Pound, Euro Drop, As Tinubu Set To Unify Rates

Featured Stories

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

Investors Brush Off US Government Shutdown, Weak Hiring

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

US Nonfarm Payrolls Report Delayed on Government Shutdown

Whatsapp Channel

Latest News

NBA Challenges Police Over Tinted Glass Permit Enforcement, Offers Free Legal Aid

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

Nigeria Faces Reform-Poverty Dilemma, Ex-Statistician-General Kale Warns

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

Investors Brush Off US Government Shutdown, Weak Hiring

US Nonfarm Payrolls Report Delayed on Government Shutdown

Retail Trading Data Show Heavy Buying in Gold, Rising Optimism Across US Indices

NBA Challenges Police Over Tinted Glass Permit Enforcement, Offers Free Legal Aid

Suggestions

Foreign exchange markets

Featured Stories

Follow Us

Whatsapp Channel

Latest News