Tag: Foreign Exchange

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 ...

Nigeria’s naira-dollar exchange-rate gap narrowed to about ₦40 per dollar on August 14, as the local currency remained relatively stable ...

The Nigerian naira weakened modestly against the US dollar on Friday, August 14, but remained relatively stable as foreign-exchange trading ...

Nigeria’s central bank has loosened key restrictions on banks’ access to liquidity while reviving longer-term repurchase operations, giving financial institutions ...

Three months after the Central Bank of Nigeria’s new remittance settlement rules took effect, the reform is tightening regulatory oversight ...