Tag: FX

The naira appreciated in the official market on Thursday, closing at N1,601.82/$1, a slight improvement from the previous day's close ...

International Breweries Plc has reported a post-tax deficit of N113.6 billion for the 2024 financial year, a 62.2% increase from ...

Nigeria’s naira on Friday recorded a second marginal gain against the dollar as pressure eases in the official foreign exchange ...

The Central Bank of Nigeria (CBN) has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange ...

Pol Eco Analytics, an Abuja-based economic and development research organisation, has flayed the Central Bank of Nigeria (CBN’s) policy somersaults ...

The Nigerian government's introduction of a 50% windfall tax on foreign exchange gains in banks' 2023 financial statements is a ...

Nigeria’s credit rating outlook was lifted by the Fitch Ratings to positive from stable, six months after it said that ...

The naira did not fare better on the parallel market, trading between 1,440/$ and 1,460 at the close of trading ...

Importers were yet to accept the N1,356.883 foreign exchange (FX) rate, the Central Bank of Nigeria (CBN) imposed on the ...

Reporter: Tobi Adetunji The Central Bank of Nigeria (CBN), has been advised to treat violation of the instructions given to ...

The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its ...

The Central Bank of Nigeria (CBN) has resolved to sanitize the financial services sector and foster trust among all market ...

The United Bank for Africa (UBA) Plc, Monday, January 08, 2024, exceeded market capitalisation of over N1 trillion. The bank ...

The Central Bank of Nigeria (CBN) has claimed it has disbursed approximately $61.64 million to foreign airlines through various banks. ...

Sometime in April 2018, Christian Sewing was appointed Deutsche Bank's new CEO. After his first address to the employees, one ...