Nigeria’s foreign reserves record $2.35bn monthly net inflow – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…
Naira dips by 215% in one year
Since the harmonization of Nigeria's foreign currency market segments one year ago,…
Naira gains, sells N1390 per dollar at official market
The naira appreciated by N29 or 2.1 per cent to N1,390 per…
Bank of Ghana suspends GTB, First bank’s FX licenses over non-compliance
By Melvin Onwubuke The Bank of Ghana has announced the suspended…
Custom to free detained vehicles, amid FX crisis
By Melvin Onwubuke The Federal Government has announced a time limit of…
Factories may shutdown if FX crises persists – MAN
By Melvin Onwubuke The Manufacturers Association of Nigeria has said that many…
Banks dollar sale drops as naira falls to N1,479
Data collected on Thursday from FMDQ Exchange indicated that the total value…
FX spot market reports $4.66bn turnover in October – Report
The October 2023 spot foreign exchange market turnover was $4.66 billion (N3.66…
FX trade, crude oil price account for 80% of petrol price — IPMAN
The Independent Petroleum Marketers Association of Nigeria have explained that the international…
NGX FX trading hits N145bn in six months
In the first half of 2023, the total amount of international transactions…
Naira drops as forex market records 29% decline
The value of the naira dropped against US Dollar due to a…
Banks slash travel allowance, foreign school fees over FX shortage
Deposit Money Banks have slashed the amount their customers can apply for…