forex

  1. Exchange Rate Plunges to N983/$1 Amid Dollar Drought

    Nigeria Exchange Rate Plunges to N983/$1 Amid Dollar Drought

    The exchange rate between the Nigerian naira and the US dollar plummeted to an all-time low of N983/$1 in the black market, according to data from Nairametrics. This represents a 2.93% drop from the previous day's rate of N955/$1 and a significant depreciation from the N950/$1 rate observed just...
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    Business Naira Appreciates to N736 per Dollar in I&E Exchange Window

    The Nigerian naira showed signs of improvement as it appreciated to N736.62 per US dollar at the Investors and Exporters (I&E) window, which serves as the official exchange rate window in the country. This represents a notable 4.53 percent appreciation from the previous rate of N771.59 on the...
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    Business CBN Orders Banks To Publish Names Of Forex Defaulters – The Trent

    https://www.thetrentonline.com/cbn-orders-banks-publish-names-bvn-forex-defaulters/
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    Business Naira crashes to almost N500 to US dollar – P.M. News

    https://pmnewsnigeria.com/2021/05/28/naira-crashes-to-almost-n500-to-us-dollar/
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    Business Forex: Speculators to lose N100bn as CBN sustains funding for BDCs – New Telegraph

    https://www.newtelegraphng.com/forex-speculators-to-lose-n100bn-as-cbn-sustains-funding-for-bdcs/
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    Business CBN allows Naira weaken as official rate hits N419 – P.M. News

    https://www.pmnewsnigeria.com/2021/05/15/cbn-allows-naira-weaken-as-official-rate-hits-n419/
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    Business FG Rejects IMF’s Call For Further Devaluation Of Naira – Nairaland

    https://www.nairaland.com/6406194/fg-rejects-imfs-call-further
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    Business More confusion trails Nigeria’s FX policy after latest naira U-turn – Businessday NG

    https://businessday.ng/exclusives/article/more-confusion-trails-nigerias-fx-policy-after-latest-naira-u-turn/
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    Business Forex: CBN sells $3.96bn to BDCs in nine months – New Telegraph

    https://www.newtelegraphng.com/forex-cbn-sells-3-96bn-to-bdcs-in-nine-months/
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    Business CBN: Naira to fall further in January – TODAY

    https://www.today.ng/news/nigeria/cbn-naira-fall-january-335707
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    Business CBN: Naira recovery against dollar to begin February 2021 – The Nation News

    https://thenationonlineng.net/cbn-naira-recovery-against-dollar-to-begin-february-2021/
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    Metro 19-year-old UNILORIN student commits suicide after losing N300m to Forex scam – Laila’s Blog

    https://lailasnews.com/19-year-old-unilorin-student-commits-suicide-after-losing-n300m-to-forex-scam/
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    Business CBN’s forex interventions hit $18.35bn in 9m – New Telegraph

    https://www.newtelegraphng.com/cbns-forex-interventions-hit-18-35bn-in-9m/
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    Business Naira strengthened at black market as external reserve loses $437 million in 2 weeks – Nairametrics

    https://nairametrics.com/2020/12/22/naira-strengthened-at-black-market-as-external-reserve-loses-437-million-in-2-weeks/
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    Business CBN: Inflation’ll weaken economy – New Telegraph

    https://www.newtelegraphng.com/cbn-inflationll-weaken-economy/
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    Business Naira falls as FX turnover declines by 62.87% – Businessday NG

    https://businessday.ng/markets/currency-watch/article/naira-falls-as-fx-turnover-declines-by-62-87/
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    Business Naira weakens as external reserves decline by $$31.16m – Businessday NG

    https://businessday.ng/markets/currency-watch/article/naira-weakens-as-external-reserves-decline-by-31-16m/
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    Business Worries over $2b forex demand backlog – The Nation News

    https://thenationonlineng.net/worries-over-2b-forex-demand-backlog/
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    Business Nigerian president tells central bank to change forex policy – Central Banking

    https://www.centralbanking.com/central-banks/financial-stability/7680336/nigerian-president-tells-central-bank-to-change-forex-policy
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    Business Forex squeeze hits manufacturing sector – New Telegraph

    https://www.newtelegraphng.com/forex-squeeze-hits-manufacturing-sector/
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