CBN Sells $543.5m Forex To Authorised Dealers In 11 Days

CBN Sells $543.5m Forex To Authorised Dealers In 11 Days

Saudi Arabia Commits Significant Forex Deposit to Boost Nigeria’s Economy

The Government of Saudi Arabia has pledged to invest in the revamping of Nigeria’s refineries, as well as provide financial support to sustain the government’s foreign exchange reforms.

Naira appreciates further, trades N1,025/$ at parallel market

The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This represents an appreciation of N15, or 1.44 percent, compared to…