Forex
CBN boosts forex market with $195m, insists on transparency among stakeholders
Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central…
CBN offers $100 million at special foreign currency auction
Nigeria’s central bank has indicated that it would offer about $100 million at a special foreign currency auction this week,…
Outlook for naira positive amid fiscal worries going into 2018
Nigeria’s new foreign exchange policy, which has seen the creation of the Investor and Exporters forex window by the Central…
CBN’s forex intervention hits $6bn in five months
...I&E window gets $2.2bn in six weeks as naira depreciates to N370/$ The Central Bank of Nigeria’s (CBN) total intervention…
CBN targets foreign exchange from exports, directs exporters to register Form NXP
In a move to shore up foreign exchange earnings for the government, the Central Bank of Nigeria (CBN) has set…
Forex liquidity eases trade financing pressures on Nigerian banks
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the "Investors' and Exporters' FX Window", appears…
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