Naira Strengthens to ₦1,350/$ as FX Turnover Surges
The Nigerian naira strengthened to about ₦1,350 per dollar at the official foreign exchange market on Monday, reaching its strongest ...
Tag: NFEM
Naira-Dollar Gap Narrows to ₦40 as FX Turnover Rises
Nigeria’s naira-dollar exchange-rate gap narrowed to about ₦40 per dollar on August 14, as the local currency remained relatively stable ...
Naira Falls to ₦1,364.83 as Nigeria FX Market Remains Calm
The Nigerian naira weakened modestly against the US dollar on Friday, August 14, but remained relatively stable as foreign-exchange trading ...
Naira Slips to N1,364.89 as Dollar Trading Activity Falls
The naira recorded a slight decline against the United States dollar on Tuesday as activity in Nigeria’s official foreign exchange ...
Naira Holds Steady Officially as Parallel-Market Premium Widens
The naira remained broadly stable in Nigeria’s official foreign exchange market at the start of August, even as a sizeable ...
Naira Ends Week Stable as Official Rate Closes at ₦1,368/$
The naira closed out the trading week broadly stable, with the official market rate settling at ₦1,368.22 to the dollar ...
Naira Ends July Weaker, Closes at ₦1,368.22/$ at Official Market
The naira closed out July on a weaker footing, slipping to ₦1,368.22 per dollar at the official window on the ...
Naira Strengthens Against Dollar as FX Liquidity Lifts Official Market
The Nigerian naira strengthened against the US dollar in the official foreign exchange market in July 2026, supported by improved ...
CBN Introduces New Rules and Digital Portal for Bureau De Change Forex Purchases
The Central Bank of Nigeria (CBN) has introduced a new set of guidelines to regulate how Bureau De Change (BDC) ...
CBN Launches New Forex Rules for BDC Operators to Improve Transparency
The Central Bank of Nigeria (CBN) has introduced a new set of rules to regulate how Bureau De Change (BDC) ...
