Tag: FX
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CBN warns FX dealers about market manipulation as the naira falls near N1,500
Amidst the persistent decline in the value of the naira, which presently stands at approximately N1,500 per dollar, the Central Bank of Nigeria (CBN)...
CBN releases additional $500 million to clear verified FX backlog
To address the foreign exchange (FX) crisis, the Central Bank of Nigeria (CBN) has disbursed an additional $500 million to various sectors of the...
CPs quoted on FMDQ saw a 112% increase in value in just one month
The entire value of commercial papers (CPs) quoted on the FMDQ Securities Exchange in November 2023 is 77.4 billion, a 112 percent (40.89 billion)...
MAN Proposes Production Sector Priority for FG’s $10B Forex Influx
The Manufacturers Association of Nigeria (MAN) has argued on behalf of local manufacturers, urging the Federal Government to give priority to FX allocation to...
September Saw A 49.1% Increase In Total Inflow Into The I&E Window
September saw a three-month high for total inflows through the Investors and Exporters Window (I&E) window, rising by 49.1% month over month to $1.31...
