Naira rallies to N1,455/$; reserves hit $43bn The positive rally of the local currency against the dollar continued yesterday with the naira exchanging at N1,455 to one...
Nigeria’s FX reserves at $41bn highest in four years Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19, marking the highest level in four...
Nigeria’s FX inflow faces threat as US considers taxing diaspora remittances Nigeria’s foreign exchange earnings have come under fresh threat following plans by the United States’...
CBN injects $197.71m to boost FX as Trump trade tariff spreads The Central Bank of Nigeria (CBN) has supplied $197.71 million to the foreign exchange market through...
CBN posts $23bn net FX reserve, strongest in three years The Central Bank of Nigeria (CBN) has achieved its strongest foreign exchange reserve position in over three years,...
CBN permits BDCs to buy up to $25,000 FX weekly from NFEM The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary...
Tinubu’s Naira directive will cut foreign exchange reliance, says Otedola Billionaire businessman, Femi Otedola has praised President Bola Ahmed Tinubu’s directive for the adoption of the Naira in...
FG unveils initiative to boost youth employment, enhance Nigeria’s foreign exchange earnings ON the sidelines of the 78th United Nations General Assembly (UNGA), President Bola Tinubu...
BREAKING: Stop spending FX revaluation gains, CBN directs banks The Central Bank of Nigeria issued a directive instructing commercial banks on Monday to refrain from utilizing...
My Administration will unify foreign exchange rate, Tinubu vows Newly-inaugurated President of Nigeria, Asiwaju Bola Ahmed Tinubu, has vowed that his government will unify the foreign...