NAFEM Archives

NAFEM turnover hits $1.41bn, highest in weeks

Turnover on the Nigerian Foreign Exchange Market rose sharply to $1.41 billion on August 17, 2026, marking the highest level recorded in five weeks as activity in the FX market rebounded. This is according to data from the Central Bank of Nigeria. The current level is the highest since July 21 when it stood at […]

aadelekepdnlimited-com
18th August 2026
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Nigeria remains World Bank's third-largest debtor with $18.2bn IDA loans

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Naira appreciates to N1245/$ in parallel market

The Naira on Friday appreciated to N1,245 per dollar in the parallel market, from N1,250 per dollar on Thursday. The naira also appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,251.05 per dollar. NAFEM’s implied exchange rate on Thursday was N1,251.05 per dollar as against N1,255.07 at the beginning of the week indicating an […]

monwubukepdnlimited-com
6th April 2024
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259 Views

Banking

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

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent increase in dollar supply on Friday, reaching $440.13 million. This comes as the naira completed the week at N1435.53/$ on Friday. FMDQ Security Exchange data shows that FX turnover increased from $156.86 million on Thursday to $440.13 million on Friday, a 180.59 per […]

bfatoyepdnlimited-com
5th February 2024
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251 Views

Trump urges Europe to release diesel reserves amid

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Tag: NAFEM

NAFEM turnover hits $1.41bn, highest in weeks

Naira appreciates to N1245/$ in parallel market

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

Trump urges Europe to release diesel reserves amid.

Hamzat vows to end ‘agbero’ collections, multiple taxation.

Naira stable at ₦1,328.17/$ in official FX market

Lagos commissioner wants ‘agriculture’ renamed to woo youths,.

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