Tag: forex
Performing naira rises 9.5% to N1,142.38/US$, NAFEM turnover falls by 86.3%...
SAT APRIL 13 2024-theGBJournal| The naira further appreciated by 9.5% to NGN1,142.38/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) at the close of...
Central Bank of Nigeria sells forex at N11O1/$1 to BDCs
MON APRIL 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monday sold $10, 000 to Bureau de Change (BDCs) operators at the rate of...
Naira closes its best week at N1,309.39/US$ with gross reserves slumping...
THUR, MAR 28 2024-theGBJournal| The local currency, the naira closed out the weeks official trading up by 9.3% to N1,309.39/US$1 at the Nigerian Autonomous...
Naira rises 12.0% to N1,431.49/US$ as Gross FX reserves falls by...
SAT, MAR 23 2024-theGBJournal|The local currency, the naira appreciated by 12.0% to N1,431.49/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the apex...
Naira slides 4.9% to N1,627.40/US$ at NAFEM amid frail market supply
SAT, MAR 09 2024-theGBJournal|The naira depreciated by 4.9% to N1,627.40/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following sustained frail market supply.
NAFEM's total...
Bank of Ghana suspends Forex trading licences of Guaranty Trust Bank...
TUE, MAR 05 2024-theGBJournal|Ghana's apex banking authority, the Bank of Ghana announced on Monday the suspension of Guaranty Trust Bank (GTB) and FBNBank Ghana...
CBN Governor Cardoso, anticipates favorable outcomes in the short to medium...
TUE, FEB 27 2024-theGBJournal| The Central Bank of Nigeria (CBN) says he is anticipating favorable outcomes in the short to medium term given the...
NAFEM total turnover dips 60.2% wtd with Naira down 4.4% to...
...Nigeria’s FX reserves recorded gains this week, as the gross reserves level increased by US$96.05 million w/w to US$33.21 billion
SAT, FEB 17 2024-theGBJournal| Despite...
Central Bank Governor upbeat about increased trade volume at NAFEM with...
...He told the Committee that he expects inflationary pressures to decline in 2024 to 21.4% in the medium term
SAT, FEB 10 2024-theGBJournal|The Central Bank...
Naira falls by 2.3% to N1,469.97/US$ as pressure on the currency...
SAT, FEB 10 2024-theGBJournal| The naira depreciated by 2.3% N1,469.97/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM) even as the total turnover (as...
