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The Naira has continued its depreciation streak against the dollar in the foreign exchange market despite the Central Bank of Nigeria’s policy interventions. FMDQ data showed...
Nigeria’s foreign exchange reserves increased by 5 percent to $33.58 billion in the last two months. This is according to the Central Bank of Nigeria, CBN’s...
The naira appreciated for the second consecutive time in the foreign exchange market as the turnover of FX supply surged. FMDQ data showed that the naira...
A former Central Bank of Nigeria, CBN, Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design...
The naira appreciated against the dollar at the official foreign exchange market on Monday. FMDQ data showed that the naira appreciated slightly to N1,483.62 against the...
The Naira recorded its first massive depreciation against the dollar at the foreign exchange market 24 hours after President Bola Tinubu’s first anniversary. FMDQ data showed...
The presidential committee on fiscal policy and tax reforms says it has asked the federal government to adopt an exchange rate of N800 per dollar for...
The naira surged N1,1173.88/$1 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window on Tuesday, marking an increase of 14.09% from the previous day’s rate. This...
Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar appreciation mark against the Dollar at the...