Tag: Foreign Exchange

Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ...

Nigeria’s credit outlook has improved as Moody’s Ratings changed the country’s sovereign outlook from stable to positive, citing stronger foreign-exchange ...

Nigeria’s external reserves have risen to $53.11 billion, bringing the country close to the record level recorded in January 2009. ...

Nigeria’s external reserves have recorded a strong increase in 2026, gaining $7.09 billion since the beginning of the year as ...

Five Nigerian companies generated about $120 million in non-oil export earnings in April 2026, accounting for 29.51% of the earnings ...

Nigeria’s naira strengthened over the past week, closing at ₦1,346.49 per dollar at the Nigerian Foreign Exchange Market (NFEM), while ...

Demand for foreign exchange in Nigeria dropped sharply in April 2026, giving the naira some breathing space and helping to ...

For Nigerians receiving money from relatives abroad, sending $500 home now works differently from before. Since May 1, 2026, the ...

The Nigerian naira strengthened to about ₦1,350 per dollar at the official foreign exchange market on Monday, reaching its strongest ...

The Central Bank of Nigeria (CBN) significantly increased its foreign exchange (FX) sales in March 2026, supplying $953.41 million to ...