FX spot market hit $12.61bn turnover in March – Report
The March turnover in the spot foreign exchange market amounted to $12.61…
FX crisis: Kano industries switch to recyclers for raw materials
In Kano, the business centre of northern Nigeria, thousands of people make…
FX crisis drives business cost to highest in 10 years – Report
Melvin Onwubuke Nigeria businesses are faced with the highest increase in input…
NAFEM: Dollar supply hits 180% as banks sell $440m
The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent…
Forex revenues hits new high as trade surplus reaches N2.22trn
Nigeria's foreign exchange earnings increased in the first six months of 2023,…
NECA urges FG to increase forex inflow
The Nigeria Employers Consultative Association has urged the Federal Government should take…
Naira drops N462 against dollar at official market
The Naira-to-US Dollar exchange rate at the Investors and Exporters window decreased…
Naira hits lowest amid external reserve decline
The Nigerian Naira hit its lowest value of the year on the…
Forex scarcity: Jet fuel, airline fares increase, says aviation consultant
The continuous increase in airfares has been attributed to the rising cost…
Banks slash travel allowance, foreign school fees over FX shortage
Deposit Money Banks have slashed the amount their customers can apply for…