Nigeria’s Net FX Flows Hit $22.5bn as CBN Cuts Dollar Sales
Nigeria’s net foreign exchange flows rose to $22.50bn in the second quarter of 2026, the highest level since the fourth ...
Tag: Nigeria FX market
FX Turnover Is Moving, But Dollar Access Remains the Real Test
Nigeria’s foreign exchange market is recording billions of dollars in weekly transactions, but the latest figures suggest that high turnover ...
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 ...
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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