<img width="308" height="91" src="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg" class="default-logo" alt="Nigerian NewsDirect" decoding="async" srcset="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg 308w, https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2-300x89.jpeg 300w" sizes="(max-width: 308px) 100vw, 308px" />

<img width="308" height="91" src="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg" class="default-logo" alt="Nigerian NewsDirect" decoding="async" srcset="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg 308w, https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2-300x89.jpeg 300w" sizes="(max-width: 308px) 100vw, 308px" />

Forex transactions

Business

Naira crisis: Nigeria’s forex transactions drop by 42.92%

Nigeria’s foreign exchange turnover transaction dropped by 42.92 percent amid the continued fluctuations of the Naira against the dollar. FMDQ data on Monday showed that FX turnover crashed to $121.87 million from $213.52 million last Friday. The reduction underscores the…

NewsDirect
June 4, 2024

Money market

Forex transactions at investors, exporters’ window rise by 59.37%

By Kayode Tokede Foreign exchange transactions at the Investors’ & Exporters window increased by 59.37 per cent last week, according to FMDQ Securities Exchange Limited. The Central Bank of Nigeria (CBN) had in April 2017 amid severe forex scarcity created…

NewsDirect
August 31, 2021