Foreign exchange Nigeria

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs Not Yet Time For Celebration - Expert

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

The clearing of foreign exchange backlogs by the Central Bank of Nigeria (CBN) and the appreciation of the value of the naira in the forex market has cast an air of delight

Victor Ezeja

1 month ago

Business·Finance & Economy·Latest News

CBN Raises Benchmark Interest Rate To 22.75%

he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75 per cent. This was announced by the CBN governor, Yemi Cardoso

Victor Ezeja

2 months ago

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business·Currency

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

Central Bank of Nigeria (CBN) has set the bar high for International Money Transfer Operators (IMTOs) with a fixed minimum share capital requirement of $1 million.

Emmanuel Ochayi

3 months ago

How Nigeria Can Curb High Airfares On International Routes

Business·Latest News

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market.

Emmanuel Ochayi

4 months ago

Business

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the global rating agency, Fitch, has affirmed the country’s long-term foreign-currency issuer default

Victor Ezejaand

Admin

6 months ago

Business·Currency

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day

Emmanuel Ochayi

7 months ago

Business·Finance & Economy

Politicians’ Dollarization Of Corruption Puts High Pressure On FX – Expert

As Nigeria continues to experience foreign exchange (forex) crisis, leading to a steep depreciation of the naira, an economic expert has attributed the cause to activities in the political circle which puts

Victor Ezeja

7 months ago

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Business·Currency

Gap Between Black Market, Official Window Dollar Rates Now N275.33

The gap between the foreign exchange rates for the Naira and the Dollar in the black market and the official window stood at N275.33 kobo on Tuesday, 16 May. Prime Business Africa gathered

Fakoyejo Olalekan

12 months ago

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.

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

CBN Raises Benchmark Interest Rate To 22.75%

Why CBN Fixed $1m As Capital Requirements For International Money Transfer Operators

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Naira Depreciates To N756/$ In I&E Window

Politicians’ Dollarization Of Corruption Puts High Pressure On FX – Expert

Gap Between Black Market, Official Window Dollar Rates Now N275.33

Featured Stories

The Political Economy Of Artificial Intelligence

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

Naira Ends Week Positively, Inches Closer To Below ₦1,000/$1 Exchange Rate

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Latest News

AWS-Generative AI: A Promise Of The Future

Any Lecturer Found Guilty Of S3xual Harassment Should Be Sacked, Prosecuted – FOSAD

Yahaya Bello: EFCC Confirms Receipt Of $760,000 Refund For Ex-Governor’s Children’s School Fees

FX Market: BDC Operators Unveils Plan For Unified Retail Market To Tackle Volatility

APC Campaign Council

Categories

Suggestions

Foreign exchange Nigeria

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories