Tag: forex
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$170...
Official and parallel market gap narrows to N21.34 as naira falls...
SAT MARCH 29 2025-theGBJournal| The exchange rate gap between the official and parallel markets narrowed to N21.34 as the naira depreciated to N1,538.66/US$ in...
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...
