CBN Injected $4.1bn Into FX Market in H1 2025 to Defend Naira – Report
The Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange (FX) market in the first half of
Emmanuel Eze July 17, 2025
- July 26, 2025
The Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange (FX) market in the first half of
Afreximbank has projected that Nigeria’s economic growth will accelerate from 3.0% in 2024 to 3.6% in 2025, supported by increased
Nigeria’s non-oil exports surged 30.39% to US$2.66 billion in Q1 2025, signaling a push towards a more diversified economy away
The naira maintained its stability, closing at N1,549.2616 per U.S. dollar, nearly unchanged from its prior rate of N1,549.0368, according
Nigerian bank stocks plummeted on June 16, 2025, following a Central Bank of Nigeria (CBN) directive barring certain banks from
In a decisive bid to bolster the Nigerian naira, the Central Bank of Nigeria (CBN) pumped $428 million into the
The naira has surged to N1539.7248 per US dollar on the Central Bank of Nigeria’s official foreign exchange platform. This
The Central Bank of Nigeria (CBN) has categorically dismissed reports claiming an extension of the Bureau De Change (BDC) recapitalisation
In 2019, Nigerian tech start-ups attracted a staggering US$747 million in venture capital, a 585.3% surge from 2016. How are
The naira appreciated to N1,565/$1 in the official market on Wednesday, marking a 0.8% gain from Tuesday’s rate of N1,579/$1,
Despite strong market breadth and a surge in trading activity, the Nigerian Exchange (NGX) began the week largely flat, as
The Nigerian Naira extended its gains against the U.S. Dollar on Wednesday, appreciating by 0.21% to close at N1,596.70 per
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