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 ...
Tag: Nigeria FX market
Three Months On, CBN’s Remittance Rules Tighten Oversight of Diaspora Flows
Three months after the Central Bank of Nigeria’s new remittance settlement rules took effect, the reform is tightening regulatory oversight ...
Naira Rebounds From April Lows, Strengthens to N1,858/£1
Nigeria’s currency showed signs of stabilization at the start of May, with the naira rebounding from its April lows to ...
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