NAFEX
8 Apr
Foreign exchange (FX) spot and derivatives markets turnover for the week ended April 5, 2024, was $918.15 million, representing a decline of 52.9 per cent ($1,030.53 million) from $1,948.68 million recorded on March 28, 2024.
25 Mar
Foreign Exchange spot and derivatives markets recorded a turnover of $1,641.18 million for the week ended March 22, 2024, representing an increase of 85.6 per cent ($756.88 million) from $884.3 million achieved in the previous week.
22 Jan
President Bola Tinubu is starting to look like a poor economic manager as widespread scepticism sweeps across the economy less than a month into a year, a situation many pointed to as a turning point in the failing economy.
16 Nov
The naira has continue to appreciate in the parallel market in the last three days even as it maintained consistency in the official market. According to Aboki FX, as monitored by our Correspondent, the naira maintained its consistency even as it appreciated marginally against the United States dollar. For instance, while the market closed at…
9 Oct 2023
Total inflows into the Investors and Exporters Window (I&E) window rose to a three-month high in September, increasing by 49.1 per cent month-on-month to $1.31 billion.
15 Sep 2023
The Central Bank of Nigeria (CBN) has cautioned International Money Transfer Operators (IMTOs) operating within the country against selling foreign exchange (FX) above the approved rates.
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