Tuesday, March 3, 2026
Nigeria’s central bank continues intervention in forex market with $210m
Nigeria's central bank, the CBN, said on Tuesday it had intervened in the country's foreign exchange market with as much...
Read moreDetailsNigerian naira trades flat against US dollar at unofficial parallel market
The Nigerian naira closed flat against the United States dollar at the parallel foreign exchange (FX) market on Thursday at...
Read moreDetailsNigeria central bank boosts FX market with $210m
The Central Bank of Nigeria (CBN), Wednesday, May 2, 2018, injected the sum of $210 million into the inter-bank Foreign...
Read moreDetails22nd OTC FX futures contract matures, settles on FMDQ
By Afolabi Adesola The 22nd over the counter (OTC) foreign exchange (FX) futures contract have matured and been settled on...
Read moreDetailsBullish outlook for naira ahead of CBN rate decision, economic data release
The local currency, the naira, would trade steady against international currencies ahead of Central Bank of Nigeria’s (CBN’s) rate decision...
Read moreDetailsCBN stabilises forex market with $210m intervention
Nigeria's central bank (CBN) moved to stabilise the country's foreign exchange market with an intervention of $200 million at the...
Read moreDetailsNaira steady against dollar ahead of FOMC minutes
by Lukman Otunuga The Naira held its ground against the dollar Wednesday ahead of the anticipated U.S CPI...
Read moreDetailsCentral bank urged to cut MPR, eradicate multiple exchange rates
Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its...
Read moreDetailsStandbic IBTC lists Nigeria’s largest open-ended dollar, money markets, bond funds on FMDQ platform
As a debt-capital focused securities exchange, championing and supporting market-driven initiatives aimed at providing liquidity and facilitating growth and development...
Read moreDetailsSlight variations, but naira relatively stable on street market
By Remilekun Davies and Ademola Badmus Nigeria’s foreign exchange market, which plays host to various kinds of players, each contributing...
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