Tag: forex
Naira drops 1.3% against the dollar; FX reserves swells by USD12.06...
SAT MARCH 15 2025-theGBJournal| The official FX rate fell broadly on Friday by 1.3% to N1,537.50/USD as the Central Bank of Nigeria's (CBN) robust...
Naira weakens amid FX liquidity challenges; total FX inflows down 12.9%...
TUE MARCH 11 2025-theGBJournal| The official FX rate fell on Monday by 0.8% to N1,529.44/USD, reflecting the sustained FX pressures carried over from last...
Foreign and local inflows into Nigeria’s Forex market dips 12.9% in...
SUN MARCH 09 2025-theGBJournal| Total inflows into the Foreign Exchange Market declined by 12.9% m/m to USD4.12 billion in February (January: USD4.74 billion), according...
NGX All-Share rally halts after five consecutive session of gains, Naira...
...At the NASD OTC Securities Exchange, market saw a slight decline, with the NSI falling by 0.23% to 3,260.4 and market capitalization also dropping...
Naira hits weekly low against the U.S dollar as Nigeria’s FX...
SAT FEB 15 2025-theGBJournal| The naira fell by 0.5% to N1,509.70/USD at the Nigerian Foreign Exchange Market (NFEM) even as the Central Bank of...
Inflows into Nigeria FX market rises 53.3% m/m to US$4.74 billion...
SAT FEB 08 2025-theGBJournal| Total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) rose by 53.3% m/m to USD4.74 billion in January 2025...
Markets Wrap | FGN Bonds price stabilizes with yield unmoved at...
... Treasury bills secondary market traded with bullish sentiments as the average yield contracted by 3bps to 25.7%.
MON DEC 09 2024-theGBJournal| At the FX...
Naira rises 7.3% w/w to N1,558.65 against the dollar on stellar...
SAT DEC 07 2024-theGBJournal|The Naira strengthened by 7.3% w/w to N1,558.65 against the U.S dollar by the close of trading on Friday, following stronger...
Naira falls 1.2% w/w for month-end as NAFEM turnover climbs 67.1%...
...for the first time in twelve weeks, the country’s FX reserves declined, as the gross reserve level decreased by USD34.92 million w/w to US$40.24...
Naira remains under pressure, falls 4.0% w/w to N1,666.72/US$1 at NAFEM...
SAT NOV 02 2024-theGBJournal| The naira depreciated this week by 4.0% w/w to NGN1,666.72/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite the...
