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Nigerian govt issues nine-month ultimatum to those keeping dollars outside banking system

The Federal Government has issued a nine-month ultimatum to individuals keeping dollars outside the banking system.If brought in now, the Nigerian government assured that...
Business

Capital import, diaspora remittance boost FX flows by 55% in six months —CBN

The Central Bank of Nigeria has disclosed that capital importation and diaspora remittances have boosted the net foreign exchange flows into the country which...
Business

CBN approves sale of dollars to eligible BDCs at N1,450/$1

In a bid to meet the demand for foreign exchange transactions, the Central Bank of Nigeria (CBN) has approved the sale of foreign exchange...
Business

Naira slumps marginally against dollar, trades N1, 483/$1 at official window

The Naira slumped marginally against the United States dollar in the first official trading session after the Eid-El-Kabir holidays on Wednesday.Data from the Nigerian...
Business

Naira trades N1,482/$1 at official window

The naira depreciated against the United States dollar on Friday to trade at N1, 476.24/$1. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
Business

Naira trades N1,473/$ at official market

The Naira traded N1, 473.66 to a dollar at the official market on Tuesday.Data from the official trading platform of the FMDQ Exchange showed...
News

Naira trades N1,483/$ at official market

The Naira traded at N1, 483.99 to a dollar at the official market on Friday.Data from the official trading platform of the FMDQ Exchange...
Business

Naira down by 0.05%, trades N1, 476/$ at official market

The Naira traded at N1,476.95 to a dollar at the official market on Tuesday.Data from the official trading platform of the FMDQ Exchange revealed...
Business

Naira trades N1, 339/$ at official market

The Naira traded for N1, 339.33 to a dollar at the official market on Tuesday.Data from the official trading platform of the FMDQ Exchange...
News

Naira appreciates by 9.7% against dollar at official market

The Naira on Monday experienced huge appreciation at the official market, trading at N1,339.33 to the dollar.Data from the official trading platform of the...
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