Tag: forex
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CBN expected to devalue as Naira falls at NAFEX
On January 28, 2021, the exchange rate between the naira and the dollar depreciated closing at N394.33/$1 at the NAFEX (I&E Window) where forex is traded...
CBN commences more forex injection into the market
There are strong indications that the Naira is set for a strong showing this week as the Central Bank of Nigeria (CBN) commences another...
Nigeria’s forex instability due to fixed exchange regime- W’Bank
The World Bank has singled out Nigeria and Angola as two countries that had yet to experience stability in the forex market despite rebound...
