FX market

Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens

Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…

CBN Vows Crackdown as Naira Sees Minor Dip Amid Market Scrutiny

In a firm stance against market irregularities, Central Bank of Nigeria (CBN)…

Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief

In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…

Illicit Demand, Not Supply, Cripples Naira – Taiwo Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms,…

Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN

Nigeria’s foreign exchange (FX) inflows reached an impressive $57 billion by August…

CBN Introduces Electronic Foreign Exchange Matching System to Enhance FX Market Transparency

The Central Bank of Nigeria (CBN) has announced the launch of the…