Wednesday, April 15, 2026
Inter-bank market rates dip 0.02% on low trading activity
The Nigerian Inter-bank currency market rate closed Tuesday at N305.90, representing a 0.02 percent depreciation against closing price at previous...
Read moreDetailsCBN flags off SMIS in Chinese Yuan
The Central Bank of Nigeria (CBN) Friday, July 20, 2018, flagged off its intervention in the sale of foreign exchange...
Read moreDetailsTurnover at Nigeria’s fixed income, currency market grossed N17.23trn in June
Turnover in the fixed income and currency (FIC) market for the month ended June 30, 2018 grossed an all-time high...
Read moreDetailsNigeria’s naira down 0.28% at parallel market as CBN mops up N215.98bn via OMO
The Nigerian naira was down 0.28 percent against the United States dollar at the unofficial street currency market on Thursday...
Read moreDetailsForex: Nigeria central bank approves wider margin for BDCs, funds market with$210m
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of bureau...
Read moreDetailsNigerian naira inches toward N400/$ depreciates 0.12% at investors, exporters window
The Nigerian naira depreciated on Wednesday against the dollar by 0.12 percent to N362.02 in the investors and exporters (IEW)–...
Read moreDetailsNigeria central bank reflate forex market with $100m, warns against speculative purchases
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate...
Read moreDetailsNigerian naira weakens 0.28% at parallel market as DMO re-opens bond offers Wednesday.
The exchange rates of the Nigerian naira to the American dollar weakened Tuesday by 0.28 percent to N364 in the...
Read moreDetailsNaira to trade stable on CBN interventions despite decline in foreign reserves
The naira is expected to trade stable at the various foreign exchange windows on CBN continued intervention in the in...
Read moreDetailsNigeria central bank lifts inter-bank retail forex market with $293m
The Central Bank of Nigeria (CBN) on Friday, May 18, 2018 lifted the retail secondary market intervention sales (SMIS) of...
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