FX Market Stronger Despite $1.37bn Reserve Dip, Cardoso Assures
. Says Nigeria’s reserves remain above IMF safety threshold ...Targets $1bn monthly diaspora inflows as FX liquidity improves Governor of ...
Tag: FX
Naira gains across FX markets as remittance rule boosts liquidity
The naira on Thursday appreciated across foreign exchange (FX) market segments as liquidity improved following a new directive by the ...
Foreign investment seen at $23.3bn, strongest in six years
Foreign capital inflows into Nigeria are expected to reach $23.3 billion at the end of 2025, the strongest in six ...
Major Purge in FX Market as 1,435 BDCs Lose Licences Under Fresh Recapitalisation Rules
A total of 1,435 Bureau De Change operators have lost their operating licences after failing to meet the new capital ...
Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025
Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher ...
Naira seen hitting N1,804/$ on 2025 volatility projections – Report
The Nigerian naira is projected to depreciate to a weighted fair value of N1,804.45 in the coming year as tendency ...
Naira appreciates significantly to end week on good note
The naira appreciated significantly against the dollar at the foreign exchange market to end the week on a good after ...
Naira depreciates against dollar amid FX supply drop
The naira depreciated against the dollar at the foreign exchange market to begin the week as FX supply dropped further. ...
‘$7bn FX backlog payment, 4,600 hostages freed’ — FG lists Tinubu’s first year feats
To commemorate the first anniversary of the Bola Tinubu administration, the federal government has listed the achievements made in different ...
Naira falls to N773 as demand rise at parallel market
Naira falls to N773 as demand rise at parallel market Naira on Monday depreciated against the dollar by 0.38 percent ...