FX: Naira Makes Marginally Gains at N1,481/$
Naira recorded a slight gain against the United States dollar at both the authorised and unauthorised forex markets on Thursday. ...
Tag: FX market
14 Reasons Fitch Ratings Affirms Nigeria’s Credit Outlook Positive
Nigeria’s credit rating outlook was lifted by the Fitch Ratings to positive from stable, six months after it said that ...
CBN Plans further Clampdown on FX Market Racketeers
The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria aimed at stabilising the ...
Cargo Clearance: Customs Reduces FX Rate by N124 to N1,448/$
The exchange rate charged by the Nigerian Customs Service (NCS) for cargo clearance and import duties collection has dropped significantly ...
FX: Nigerians Spent $98bn on Foreign Trips, Education in 10 Years – CBN
Nigerians’ spending on foreign education, healthcare, and personal travels gulped over $98bn in 10 years, according to the Central Bank ...
CBN Reacts to Alleged Plan to Convert $30bln in Domiciliary Accounts to Naira
The Central Bank of Nigeria (CBN) says there are no plans to convert $30 billion deposits in domiciliary accounts to ...
Naira Depreciates to NGN871/$ at Parallel Market
The naira on Monday further weakened to N871 to the dollar at the parallel section of the foreign exchange market. ...
