Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
Legit on MSN1d
See latest naira to dollar exchange rate in forex marketThe value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...
Legit on MSN2d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...
Agora Policy, an Abuja-based think tank, says Nigeria faces risks of low foreign exchange (FX) inflows and higher inflation ...
Daily Post Nigeria on MSN3h
Naira extends appreciation against dollar at black marketThe Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...
The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...
The recent launch of the Nigeria Foreign Exchange Code (FX Code) by the Central Bank of Nigeria (CBN) signals a new era in ...
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...
The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...
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