23.1 C
Abuja
Tuesday, June 15, 2021
Home Tags FX

Tag: FX

Naira to now trade at N410/$1 as CBN adopts NAFEX rate

The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 per cent...

Naira crashes further against Dollar

Naira closed trading significantly weaker to the dollar at the official market on Tuesday. Data from the FMDQ Security Exchange showed the Naira closed at...

Ghana Cedi rated best currency in Africa

Ghana's local currency has ended the first quarter of 2021 on a high note with a year-to-date appreciation of 0.6 per cent to the...

Naira falls to N486/dollar

The Federal Government on Monday announced another currency reform as Naira falls across foreign exchange markets in the country. The Minister of Finance, Budget and...

Understanding CBN new directive on crypto trading in Nigeria

The new directive by the Central Bank of Nigeria (CBN) directing financial institutions to close accounts of crypto traders may have come to many...

Naira trades at N402/$

The naira traded officially at N402/$ at the Investors & Exporters’ forex window on Thursday. Trading which commenced at an opening rate of N392.88/$, recorded...

MSMEs lost N2.7bn to COVID-19 lockdown in Lagos – LCCI

The Lagos Chamber of Commerce and Industry (LCCI) says losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos is about N2.7 billion, due...

CBN announces date to start new policy on Diaspora remittances

The Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced that the new CBN policy to improve the Diaspora remittances into the country...

LATEST POST