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Naira
The Naira , on Tuesday, stabilized against the United States dollar in the parallel market as it traded for N1,295/$1.
The Nigerian currency, it was gathered, closed at N1,295/$1, on…
Despite Volatility In FX Market, Nigeria records $110.14m Daily Forex Turnover
Nigeria recorded a daily foreign exchange turnover of $110.14million in the Nigerian Foreign Exchange Market (NAFEM), on Friday, 1st. December, 2023.
The daily forex turnover recorded…
Tinubu Pledges To Restore Market Confidence Of Foreign Exchange
President Bola Tinubu has allayed the concerns of the business community, assuring them that crucial plans are underway to improve foreign exchange liquidity.
The President said his…
Why I Approved Redesign Of Naira Bank Notes – President Buhari
President Muhammadu Buhari on Wednesday in Abuja launched the new Naira banknotes, expressing delight that the redesigned currencies are locally produced by the Nigerian Security Printing…
NARTO Decries Naira Depreciation , Urges FG To Promote Export Aggressively
By Roland Ekama
The Nigerian Association of Road Transport Owners (NARTO) has harped on the need for the Federal Government to encourage exportation of non oil produce in a bid…
CBN To Resume Forex Sale At N386/$ August 31st
Ahead of the international flight resumption,the Central Bank of Nigeria (CBN) has stated it will resume weekly forex sales to Bureau de Change operators from August 31 at N386/$.
In a…