CBN Announces $40.2 Billion in Reserves, Sparking Investor Optimism
The Central Bank of Nigeria (CBN) has announced a significant increase in the nation’s external reserves, which have risen to ...
Tag: FX market
World Bank Urges Nigeria to Lift Food and Fertilizer Import Ban, Align with ECOWAS Tariffs
The World Bank has called on Nigeria to lift restrictions on food and fertilizer imports and align its trade policies ...
CBN Sells $543.5 Million in FX Market to Stabilize Naira
The Central Bank of Nigeria (CBN) sold a total of $543.5 million in the Nigerian foreign exchange market (NFEM) to ...
CBN Introduces Electronic Foreign Exchange Matching System to Enhance Nigeria’s FX Market
The Central Bank of Nigeria (CBN) has announced the launch of an Electronic Foreign Exchange Matching System (EFEMS) for Foreign ...
