FX

Equity Market Sees Second Consecutive Day Of Gains, Investors Gain N303bn

The Nigerian equity market defied expectations on Thursday, May 2, 2024, as investors recorded gains for the second consecutive day.… Read More

7 days ago

Nigeria’s FX Reserves Drop By $2.16bn In 29 Days

Nigeria's foreign exchange (FX) reserves are taking a sharp nosedive, with a decrease of approximately $2.16 billion over a span… Read More

3 weeks ago

FX: Naira Depreciates To N1,610/$1 At Parallel Market

The Naira experienced a setback on Monday, slipping to N1,610 against the Dollar in the parallel section of the foreign… Read More

2 months ago

Foreign Education, Medical Tourism Worsen FX Crisis, Costing Nearly $40bn – Cardoso Laments

Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), said foreign education and medical tourism on have contributed… Read More

3 months ago

NGX Canvasses Government Support For Listed Corporates To Tackle FX Challenges

Temi Popoola, CEO of the Nigerian Exchange Limited (NGX), has called upon the Federal Government and the Central Bank of Nigeria… Read More

6 months ago

Access Bank To Deny Non-account Holders Access To Dollar, Others In Five Months, Set FX Allocation Limit

Access Bank has reviewed its foreign currency allocation for Maintenance/Upkeep of Nigerian students in foreign tertiary institutions, as dollar scarcity… Read More

2 years ago

Dollar To Naira Exchange Rate: Dollar Sells At N421 As Trade Value Drops

June 27, 2022: Trading at the Investors and Exporters (I&E) window saw an exchange of $152.96 million, falling by $10.02… Read More

2 years ago

Buhari Promises To Ease Importation For Manufacturers Through Forex Supply

President Muhammadu Buhari has assured the Manufacturers Association of Nigeria that his regime will do everything in its power to… Read More

2 years ago

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