Naira exchange rate gain sees currency rise to N1,390 per dollar in parallel market as spread with official rate narrows to N35
CBN approves $150,000 weekly FX sales to BDCs to boost liquidity, narrow rate gaps and stabilise Nigeria’s foreign exchange market
CBN grants BDC FX access with a $150,000 weekly cap and strict KYC, reporting and settlement rules to boost liquidity and oversight
Naira appreciation continues as BCAN urges the CBN to sustain its reforms and calls for fiscal policies to boost productivity and economic stability
Nigerian Naira depreciation continues as it closes at ₦1,533.74 per dollar. Market volatility and dollar demand pressure the local currency despite CBN efforts