Tag: forex
NAFEM inflows plunge 10.8% in January, raising fresh liquidity concerns
SUN FEB 15 2026-theGBJournal| Inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) fell sharply by 10.8 per cent in January, signaling renewed pressure...
Naira strengthens on softer market activity and strong Central bank intervention
...the CBN’s gross foreign exchange reserves rose slightly by 0.58% to US$45.50 billion, adding US$264.56 million at the start of the year.
TUE JAN 06...
Naira gains after robust CBN supply, gross reserves gets US$440.64 million...
SAT NOV 29 2025-theGBJournal| The naira gained this week by 0.7% w/w to N1,447.95/US$, as the robust supply from the Central Bank of Nigeria...
Inflows into Nigerian Foreign Exchange Market slows in September
SUN OCT 12 2025-theGBJournal| Total inflows into the Nigerian Foreign Exchange Market (NFEM) declined by 5.7% m/m to USD3.18 billion in September (August: USD3.37...
Naira cruises to another weekly gain amid rising non-oil exports, gross...
SAT OCT 04 2025-theGBJournal| The naira rose this week by 1.4% w/w to N1,457.00/USD, driven by sustained inflows from both offshore investors and International...
Naira firms vs U.S dollar as total inflows into forex Market...
SAT AUG 02 2025-theGBJournal| The Nigerian naira ticked higher than expected by end of official trade on Friday, closing 1.2% w/w to N1,520.00/US$1.
The gain...
Inflows into Nigeria’s FX market dips 28.1% m/m in June driven...
MON JULY 14 2025-theGBJournal| Total inflows into the Nigerian Foreign Exchange Market (NFEM) declined by 28.1% m/m to US$4.84 billion in June (May: US$6.74...
Naira falls 0.2% w/w fueled by demand pressures
SAT JULY 12 2025-theGBJournal| The Nigerian naira fell 0.2% w/w to N1,531.00/US$, as demand pressures emerged, outweighing supply from foreign Portfolio investments (FPIs) looking...
Naira flops vs U.S dollar as market anticipates resumption of Naira...
MON JULY 07 2025-theGBJournal| The Treasury bill secondary market were bullish, as average yields across the Nigerian Treasury Bills (NTB) fell by 4bps to...
Naira firms w/w on improved dollar liquidity and CBN interventions; FX...
SAT MAY 31 2025-theGBJournal| The naira closed flat w/w at N1,585.00/USD on Friday, as the Central Bank of Nigeria's (CBN) sale of approximately US$170...
