Tag: Nigerian forex market

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Forex Market Update: Naira Appreciates to N1,518 per Dollar

The Nigerian naira extended its positive momentum on Monday, rebounding to a four-month high against the United States dollar as it closed at N1,518/$...

BDCs Recapitalisation May Sideline Northern Operators, Forum Warns

The Arewa Economic Forum (AEF), a prominent Northern Nigeria-based policy think tank, has raised serious concerns over the Central Bank of Nigeria’s (CBN) revised...

Naira Falls Against Dollar at Official Exchange Market

Nigeria’s local currency, the naira, further weakened against the United States dollar at the official foreign exchange (FX) market on Friday, closing at ₦1,602.18...

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