Nigeria central bank pumps N195m into FX market, issues new guidelines on unutilised forex
The Central Bank of Nigeria (CBN) Monday injected a total sum of $195 million into various segments of the foreign exchange market
Nigeria’s naira to firm against major currency this week as CBN plans another $100m sale
The outlook for the naira may remain positive this week as Nigeria’s central bank said it will sell yet another $100 million at
Nigeria economy continues recovery as manufacturing index expands third month in a row
The Manufacturing Purchasing Managers’ Index (PMI) increased to 52.9 index points in June 2017, indicating expansion in the
Analysts canvass multiple forex supply sources for the market
With sole reliance on the Central Bank of Nigeria (CBN) as a source of foreign exchange supply to the economy, financial analysts have
Nigeria forex reserve dips slightly in June from a month ago- CBN
Nigeria’s foreign exchange reserve stood at $30.25 billion by June 28, down 0.36 percent from a month ago, central bank data
Nigeria’s $1bn tax amnesty target trailed by corruption, impunity concerns
Ahead of tomorrow’s flag off of Nigeria’s proposed tax amnesty, which is expected to account for $1 billion to be utilized for public
CBN offers $100m at special foreign exchange auction
In continuation of its efforts at stabilizing the foreign exchange market, the Central Bank of Nigeria (CBN) has scheduled to offer
Nigeria’s currency futures market volumes drop on rate convergence
The recent improvements in foreign currency liquidity at the Nigerian foreign exchange market have ironically affected volumes at the
Naira floatation, cost cut-back boost Okomu Oil revenues by 47%
The technical devaluation of naira by Central Bank of Nigeria, which increased demand for local crude palm oil (CPO) and a cost
Foreign investors upbeat on Nigeria’s new foreign exchange regime
The Central Bank of Nigeria’s (CBN) efforts to shore up and stabilize the country’s foreign exchange market is receiving rave reviews