CBN orders BDCs to return unused forex within 24 hours under new rules aimed at improving foreign exchange market oversight
Naira stabilisation against dollar strengthens as liquidity improves, CBN reforms take effect and parallel market gap narrows in forex market
CBN IOCs forex repatriation approved, granting oil companies full access to export earnings and boosting liquidity in Nigeria’s FX market
Naira rises to N1,344.42 against the US Dollar at official forex market, continuing a strong appreciation trend ahead of Eid holidays
Naira recovery strengthens, closing at ₦1,363.5 per dollar after early-week losses at Nigeria’s official forex market
CBN BDC forex policy allowing $150,000 weekly purchases is expected to boost liquidity, narrow rate gaps and support a stronger naira
CBN data shows the Naira official market rate closed slightly weaker at ₦1,366.19 after midweek gains and fluctuating liquidity conditions
Nigerian Naira gains against the US dollar, closing at N1,417.94 amid Central Bank reforms and rising investor confidence
Nigerian Naira falls to ₦1,465.68 per dollar after days of gains, as rising forex demand pressures the market despite improving external reserves
Naira strengthens against dollar to N1,526.09/\$, its best in six weeks, with experts projecting stability supported by CBN reforms and inflows