By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
The Nigerian naira plummeted by about 7% in the foreign exchange (FX) market as US dollar shortage exerted pressures on demand and supply. FX spot data...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...
The supply of the Dollar and other currencies increased by 117% at the foreign exchange market as the Naira strengthened on Friday. Data obtained from FMDQ...
The Central Bank of Nigeria (CBN) on has announced plan to issue N2.20 trillion in treasury bills during the fourth quarter (Q4) of 2024, matching the...
The foreign exchange turnover in July stood at $7.39 billion at the official trading window for the Nigerian currency in July. The July figure which is...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 26.75%. The hike in the Monetary Policy...
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68% over Friday’s rate of 1,482.81/$. According to FMDQ...
The Federal Government has listed its April 2024 Savings Bonds worth N4.214 billion on the Nigerian Exchange Limited (NGX) platform. This was disclosed in the market...
The Naira on Monday depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the Nigerian...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
By Adedapo Adesanya To further ease the street value of the Naira to the Dollar, the Central Bank of Nigeria (CBN) has issued the currency to...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments....
The Debt Management Office (DMO) has announced the subscription process for two-year and three-year Federal Government of Nigeria bonds for March 2024 with an annual interest...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
