Tag: FX market

Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens

Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…

Genesis Obong

CBN Vows Crackdown as Naira Sees Minor Dip Amid Market Scrutiny

In a firm stance against market irregularities, Central Bank of Nigeria (CBN)…

Genesis Obong

Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief

In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…

Genesis Obong

Illicit Demand, Not Supply, Cripples Naira – Taiwo Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms,…

Genesis Obong

Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN

Nigeria’s foreign exchange (FX) inflows reached an impressive $57 billion by August…

Muhammad A. Aliyu

CBN Introduces Electronic Foreign Exchange Matching System to Enhance FX Market Transparency

The Central Bank of Nigeria (CBN) has announced the launch of the…

Muhammad A. Aliyu