AS NAIRA SUSTAINS GAIN: Exports, Others Boost FX Market With $17bn In 3 Months
Strategic monetary policies have sustained recent gains in the value of the naira, as the foreign exchange (FX) market has ...
Wednesday, April 24, 2024
Tag: Naira
JUST-IN: Naira Hits N1,000/$ Ahead Of CBN Sale To BDCs
Having opened at N1,130 to the dollar on Monday morning, the value of the naira gained strength midday as traders ...
Naira Appreciation Calls For CBN To Sustain Monetary Policies
In recent times the Naira, Nigeria’s legal tender, appears to be getting stronger after an all-time low of N1, 900 ...
Naira Surges Against Dollar, Hits 5-month High
The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in ...
JUST-IN: CBN Begins Forex Sales To BDCs At N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular addressed to Bureau De Change operators (BDCs), revealing that each ...
Naira Surges To N1,382/$ Following CBN Intervention
Following the clearing of all valid foreign exchange backlogs by the Central Bank of Nigeria (CBN) on Wednesday, and increased ...
Forex: Assessing Policies That Disadvantaged Naira
The value of naira has witnessed downward trend in the recent years. How this trend would be curtailed has been ...
Forex: Assessing Policies That Disadvantaged Naira
The value of naira has witnessed downward trend in the recent years. How this trend would be curtailed has been ...
CBN Injects Over $300m Into Banks Amid Naira Recovery
The Central Bank of Nigeria (CBN) has taken decisive steps to shore up the value of the Nigerian Naira, injecting ...
Naira Strengthens To ₦1,650/$ In Parallel Market
The Nigerian naira showcased a recovery trend against the US Dollar in the parallel market, driven by actions initiated during ...
