News

In recent months, the Nigerian foreign exchange market has attracted substantial attention due to the proactive measures initiated by the Central Bank of Nigeria (CBN) under the stewardship of Yemi ...
The euro has made headlines today, climbing 116 pips to reach 1.1508, with intraday highs touching 1.1528. This marks the first time the euro has surpassed the 1.15 level since November 2021. The move ...
Nigeria recorded a net foreign exchange (FX) inflow of $15.20 billion in the first quarter of 2025, reflecting a stronger ...
Foreign exchange, crude oil and volatility market signals matter too. Keep track of how they move amid uncertainty. In a few short weeks, US President Donald Trump has upended economics as we have ...
“In order to ensure that pending requests for foreign currency are met in a timely manner, the decision was taken that a sum of US$100 million will be injected into the market with immediate ...
Egypt - Rami Aboul Naga, Deputy Governor of the Central Bank of Egypt (CBE), confirmed that the bank is not intervening in the foreign exchange market, stating that there is currently no benefit to ...
The failure of the U.S. and Japan to make progress toward a deal on trade and tariffs "suggests a period of bilateral negotiations that last into July," according to Thierry Wizman, global ...
The naira depreciated to N1,606.00/$1 on Tuesday, April 22, 2025, at the official foreign exchange market. This is according to ...
Amid continuing complaints from members of the business community about the unavailability of foreign currency ... in relation to the market for foreign exchange. A release from the Ministry ...