FX market roars back to life with $1bn single-day trade
Turnover at Nigeria’s foreign exchange market jumped to the highest in a single day since 2017 on Tuesday, as a...
- Thursday, June 04, 2026
BusinessDay
Turnover at Nigeria’s foreign exchange market jumped to the highest in a single day since 2017 on Tuesday, as a...
High-yielding government debt and a cheap currency are spurring a return of carry traders at a record clip into Nigeria,...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), fired at least two strong signals to the investor community...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) fired at least two strong signals to the investor community...
The Central Bank of Nigeria (CBN) is making all the right moves to attract foreign portfolio investors (FPIs) into a...
… Naira shows more sign of rebound Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), wanted an even...
There are growing calls for Nigeria to tap the International Monetary Fund (IMF) in a last ditch effort to ease...
Nigeria may have put the cart before the horse by floating the naira before raising market rates and ensuring it...
Egypt devalued its currency for the fourth time since 2022 on Wednesday following a record 600 basis point hike in...
The Central Bank of Nigeria (CBN) will clear all outstanding foreign exchange obligations owed in forward contracts in the next...