The Central Bank of Nigeria (CBN) defended the naira against the dollar by selling $197.71 million to authorised foreign exchange dealers in the country’s official FX market. The latest ...

As oil prices tumble 12% to $65, U.S. tariffs spark ripple across emerging economies The Central Bank of Nigeria (CBN) on Friday injected $197.71 million into the foreign exchange market to ...

The Central Bank of Nigeria, CBN, said it sold $197.71 million to boost liquidity in the foreign exchange market. Disclosing this in a statement, Director of Financial Markets Department ...

The Central Bank of Nigeria (CBN) has reported a Net Foreign Exchange Reserve (NFER) of $23.11 billion as of the end of 2024, marking the highest level in over three years. In a statement released ...