Tag: foreign exchange (FX)
Naira holds strong, external reserves hit $42.79 billion
However, they also warn that consistent results will depend on Nigeria’s ability to increase production, attract foreign investors, and manage…
Naira gains N73.39, trades at N1,561.76 to dollar
This development, reported by the FMDQ Exchange, reflects a 4.48% gain compared to Monday’s trading rate of N1,635.15 per dollar.
Forex: CBN issues strong warning to commercial banks
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…