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United States rate hike may put Nigeria, others under pressure
The U.S. Federal Reserves decision to hike rates from 1.0…
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Inflationary trend not positive yet as food prices rise 19% in May
The rise of the cost of food continued unabated in…
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Falling oil prices may hurt external reserves, CBN naira defence policy
The consistent fall in global oil prices in the past…
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Naira appreciates 0.27% at parallel market, slumps 0.02% at interbank as CBN injects $418m Tuesday
The naira Tuesday had mixed fortunes at the foreign exchange…
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Nigeria interbank offer rate peaks at 126.7% as liquidity crunch hits banks
Liquidity pressures are mounting in Nigerian banks as the Nigeria…
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CBN injects $413.5m to defend the Naira
The Central Bank of Nigeria (CBN) injected $413.5million into the…
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CBN to auction N1.24trn treasury bills in two months
The Central Bank of Nigeria (CBN) debt calendar for the…
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Nigeria’s new forex derivative market offering competitive edge over interbank futures
An alternative forwards currency market is gradually taking root in…
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CBN targets foreign exchange from exports, directs exporters to register Form NXP
In a move to shore up foreign exchange earnings for…
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Forex liquidity eases trade financing pressures on Nigerian banks
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly…
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