Tag: forex
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
FOREX| Naira falls 3.5% w/w to NGN1,563.80/USD as FX demand continues...
...Nigeria’s FX reserves expanded further this week, as the gross reserves grew by USD507.09 million w/w to USD35.28 billion (11 July)
SAT JULY 13 2024-theGBJournal|...
FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...
SAT JUNE 29 2024-theGBJournal| The value of the Naira to the dollar weakened by 133 bps week-on-week to print at N1,505.30/$ this week at...
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
Forex market sees limited intervention by CBN as Naira gains 0.1%...
SAT JUNE 08 2024-theGBJournal| The naira appreciated by 0.1% w/w to N1,483.99/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover...
As the CBN sustained its intervention the Naira fell 0.2% at...
SAT JUNE 01 2024-theGBJournal|The naira appreciated to a month high of N1,173/USD on 28 May before closing the week at N1,485.99/USD (-0.2% w/w) at...
Nigeria’s FX reserves up US$195.01 million to US$32.64 billion as Naira...
SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...
Analysis| Fair value and the Naira
...How do we measure fair value? There are many ways, but here we focus on just one, the inflation differential
TUE MAY 14 2024-theGBJournal|Currencies do...
Naira ends week at N1,466.31/US$; gross reserves level jumps by US$89.76...
SAT MAY 11 2024-theGBJournal|The naira depreciated by 4.5% to N1,466.31/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover (as of...
Nigeria’s FX reserves settle higher as Naira value tumbles 457 bps...
SAT MAY 04 2024-theGBJournal|The value of the Naira to the dollar weakened by 457 bps week-on-week to print at N1,400.40/USD this week at the...
