CBN Unveils New Forex Manual to Boost FX Market Liquidity Framework
The Central Bank of Nigeria has unveiled a new foreign exchange manual designed to streamline operations in the country’s FX ...
Tag: FX Liquidity
Naira Gains as Nigeria Records $1.98bn Weekly FX Turnover
Nigeria’s currency posted modest gains against the US dollar after weekly foreign exchange turnover climbed to $1.98 billion, underscoring improving ...
Dollar–Naira Exchange Rate Update for May 1, 2026
The Nigerian naira traded mixed against the US dollar on Friday, May 1, 2026, as a persistent gap between the ...
FTSE Russell Upgrades Nigeria to Frontier Market Status
FTSE Russell has upgraded Nigeria back to Frontier Market status in its latest Equity Country Classification Review, marking a key ...
Naira Weakens to N1,389/$ as External Reserves Drop by $850m
Nigeria’s currency came under renewed pressure as the naira weakened to N1,389 per dollar, following a sharp decline in the ...
Liquidity Pressures Drive Naira to Weekly Loss
Nigeria's Naira concluded the trading week on March 27, 2026, with a significant decline against the United States dollar, despite ...
CBN Set to Release BDC FX Guidelines
The Central Bank of Nigeria (CBN) is set to release a comprehensive new regulatory framework for Bureau De Change (BDC) ...
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