ABCON’s to bridge FX rate gaps, curb market volatility, rescue naira
BY CHARLES ABUEDE The continuing free-fall of the Nigerian naira has become worrisome to all concerned, calling for immediate remedies ...
Thursday, April 16, 2026
Tag: Naira
Bears set to play in FI markets in absence of major catalysts
BY CHARLES ABUEDE The naira is not showing any sign of recovery and it seems bent on seeing the bottom ...
Naira loses strength across FX markets as CBN begins N65 rebate to exporters
BY CHARLES ABUEDE FX Market: Starting off with the FX currency market, a lot has happened in the space in ...
Rates rise seen ahead CBN auction as traders sideline T-bills, Tuesday
BY CHARLES ABUEDE Fixed income analysts at Meristem Securities income analysts have said they expect rates to go up across ...
Naira drops to N417/$1 as yields on FGN bonds climb higher to 10.9%
BY CHARLES ABUEDE Nigeria’s domestic currency, the naira, has continued its downward slide, losing strength against the United States dollar ...
Naira steady on street but CBN’s Special Bills leave market adrift in search of direction
By Charles Abuede Fixed income market in bearish posture Prevailing uncertainty in the market and recent sell-offs expected to impact ...
Naira trades N455/$1 on street, N453 at BDCs, weakens N386.17 at I&E, as bids in above N383
Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market ...
Forex scarcity sends naira crashing, now N472/$ at parallel market
Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472 ...
Naira weakens despite dollar selloff
As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment, investors seem to be ...
Naira weakness is hurting private sector – MAN
As Nigeria grapples with falling revenue and depreciating oil prices, members of the organised private sector have expressed worry about ...
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