Tag: naira
Nigeria Unveils $10bn Diaspora Fund To Boost Forex Inflow, Strengthen Naira
As part of efforts to attract and accelerate inflow of foreign currency into the economy, the federal government has unveiled p [...]
Nigeria's naira firms after central bank clears FX backlog – Reuters
Nigeria's naira firms after central bank clears FX backlog Reuters
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Nigeria’s Securities Regulator Wants to Hike Crypto Firm Registration Fees by 400%
The proposed amendments to the rules for crypto issuers, exchanges and custody platforms include increases to all supervision fees. Instead of a 100,0 [...]
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
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Nigeria's Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls – Africa Bitcoin News – Bitcoin.com News
Nigeria's Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls – Africa Bitcoin News Bitcoin.com News
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Int’l Money Transfer Firms Stop Forex Remittance Payments, Opt For Naira
Following the directive of the Central Bank of Nigeria (CBN) barring international money transfer operators (IMTOs) from paying Nigerians in foreign [...]
Nigeria's naira at record low despite improving FX liquidity – Reuters
Nigeria's naira at record low despite improving FX liquidity Reuters
www.reuters.com [...]
Nigeria’s naira at record low despite improving FX liqudity -February 09, 2024 at 11:35 am EST
ABUJA (Reuters) -Nigeria's naira dropped to a record intra-day low against the dollar on Friday, LSEG data showed, following a d [...]
Daily Forex Inflow, Curtailing Importation Will Strengthen Naira, Says Expert
By Kadiri Abdulrahman
A Financial Expert, Dr Chijioke Ekechukwu, says the Naira can be strengthened if the country can earn substantial foreign exch [...]
What is pushing the Nigerian naira to record lows?
How big are Nigeria's forex reserves?The country's foreign exchange reserves dipped to a six-year low of $32.87 billion at the end of December, accord [...]
Improve oil production to stabilise naira, analysts tell FG
Financial and economic analysts have urged the Federal Government to ramp up crude oil production to improve liquidity in the [...]
Nigeria (NGN/USD) Brings Naira Forex Into Open to Defeat Street Market
Nigeria is bringing foreign-exchange trading back into public view, the latest step in its bid to narrow the gap between the official and unofficial r [...]
Naira under-valued in official, parallel forex markets – Rewane – Vanguard
Naira under-valued in official, parallel forex markets – Rewane Vanguard
www.vanguardngr.com [...]
Nigeria's FX reserves dip to six-year low as naira falls – Reuters
Nigeria's FX reserves dip to six-year low as naira falls Reuters
www.reuters.com [...]
FOREX: Naira falls to N1,170/$ in parallel market – Vanguard
FOREX: Naira falls to N1,170/$ in parallel market Vanguard
www.vanguardngr.com [...]