Nigeria’s Net FX Reserves Jump to $34.8 Billion at End-2025
Nigeria’s net foreign exchange reserves surged to $34.80 billion at the end of 2025, reflecting a significant improvement in the ...
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Tag: #ForeignExchange
CBN Grants 82 BDCs $150,000 Weekly FX Access to Boost Liquidity
Expectations of improved foreign exchange liquidity have strengthened across Nigeria’s financial markets following the decision of the Central Bank of ...
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Nigeria’s FX Market Inflows Rise 17.5% in December to USD3.37 Billion
Data from FMDQ show that total inflows into the Nigerian Foreign Exchange Market (NFEM) rose by 17.5 per cent month-on-month ...
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CBN Injects $536.6m into FX Market in November as Naira Closes at N1,447.95/$1
The Central Bank of Nigeria (CBN) injected an estimated $536.6 million into the foreign exchange (FX) market in November in ...
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CBN Credits FX Stability to Increased Inflows, Market Controls, and Orthodox Policy
The Central Bank of Nigeria (CBN) has attributed recent foreign exchange (FX) stability to rising FX inflows, tighter market controls, ...
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Naira, Stocks Fall as Trump Threatens Possible U.S. Military Action Against Nigeria
Nigeria’s financial markets opened November 2025 on a weak note as both the naira and equities declined sharply, following remarks ...
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CBN Injects $197.71 Million to Boost Nigeria’s FX Market Amid Global Shocks
The Central Bank of Nigeria (CBN) has injected $197.71 million into the country’s foreign exchange market to ensure liquidity and ...
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Naira gains 5bps to NGN1,600.00/USD amid demand-supply imbalance challenges
Last week, the naira appreciated marginally by 5 basis points to NGN1,600.00/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...
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CBN Launches Re-Validation of $2.4bn Foreign Exchange Claims Amidst Manufacturer Concerns
The Central Bank of Nigeria (CBN) has initiated a re-validation exercise aimed at addressing the complaints of manufacturers and importers ...
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FOREX: CBN Caps Bureau De Change Cash Sales at $5,000 Per Transaction to Stabilize Market
The Central Bank of Nigeria (CBN) has imposed a limit of $5,000 on the amount of foreign exchange that Bureau ...
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