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 ...
Tag: Nigerian Foreign Exchange Market
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) ...
Naira Holds at N1,382/$ as Nigeria’s External Reserves Surpass $51 Billion
The Nigerian naira traded largely unchanged at N1,382.33 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, ...
Naira Struggles Amid Persistent Dollar Scarcity
The persistent chasm between Nigeria’s official and parallel foreign exchange markets deepened on December 16, 2025, as the local currency ...
Nigeria’s FX Comeback: Investors Return Amid Reforms
Nigeria's economy, long burdened by crippling currency controls and a confusing system of multiple exchange rates, is showing compelling signs ...
