NFEM

CBN Denies Allocating $1.3bn For Fuel Importation

The Central Bank of Nigeria (CBN) has denied reports that it allocated…

Naira Depreciates to N1,585 per Dollar in Parallel Market Amid Mixed Exchange Rate Movements

The Nigerian naira weakened further in the parallel market on Tuesday, trading…

Naira Climbs in Black Market, Official Rate Stable as FX Market Sees Liquidity Boost

The Nigerian naira experienced a notable divergence in its performance across the…