Tag: Foreign Exchange

FX spending on foreign education drops to $38.17m in 2024 

Nigerians between January and March 2024 spent $38.17 million on overseas schooling.

Onwubuke Melvin Onwubuke Melvin

Nigeria’s FX reserves hits three-month peak

Nigeria's foreign exchange reserves have soared to their highest level since March

Alex Omenye Alex Omenye

Naira exposure to forces of demand, supply suicidal – Stockbrokers

The Chartered Institute of Stockbrokers has raised concerns about the impact on

Alex Omenye Alex Omenye

Nigeria’s FX reserves hits $32.3bn, rises by $262m

Nigeria's foreign exchange reserves have surged to $32.369 billion as of May

Alex Omenye Alex Omenye

NGX foreign inflow hit N93.37bn in Q1

Foreign portfolio inflows into Nigeria's Stock Market surged to N93.37 billion in

Alex Omenye Alex Omenye

FX spot market hit $12.61bn turnover in March – Report

The March turnover in the spot foreign exchange market amounted to $12.61

Alex Omenye Alex Omenye

FX crisis: Kano industries switch to recyclers for raw materials

In Kano, the business centre of northern Nigeria, thousands of people make

Alex Omenye Alex Omenye

FX crisis drives business cost to highest in 10 years – Report

Melvin Onwubuke Nigeria businesses are faced with the highest increase in input

Alex Omenye Alex Omenye

NAFEM: Dollar supply hits 180% as banks sell $440m

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent

Bisola David Bisola David

Forex revenues hits new high as trade surplus reaches N2.22trn

Nigeria's foreign exchange earnings increased in the first six months of 2023,

Bisola David Bisola David

NECA urges FG to increase forex inflow

The Nigeria Employers Consultative Association has urged the Federal Government should take

Bisola David Bisola David

Naira drops N462 against dollar at official market

The Naira-to-US Dollar exchange rate at the Investors and Exporters window decreased

Oluwanifemi Ojo Oluwanifemi Ojo