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Nigerian Autonomous Foreign Exchange

NAFEX declares $1.7bn as Naira rebounds at unofficial FX market

nafex

The Nigerian Autonomous Foreign Exchange (NAFEX) window has lifted liquidity in the Nigerian foreign exchange market, with total transactions turnover of $1.688 billion in just one week, just as the Naira rebounded at the unofficial forex market, checks by The Daily Times has revealed. Although, the autonomous FX window turnover of $1.688 was lower than […]

External reserves gain $8bn in 10 months – CBN

$200 million

*As NAFEX boost investors’ confidence with $8.96bn The nation’s external reserves have recorded a whopping $8billion in just 10 months of 2017, data obtained from the official website of the Central Bank of Nigeria (CBN) has showed. This is just as the Nigerian Autonomous Foreign Exchange (NAFEX) widow has boosted investors’ confidence with total traded […]

NAFEX gains, record $166.75m as Naira steadies against major currencies

nafex

Motolani Oseni The Nigerian Autonomous Foreign Exchange () widow, rebounded at the close of Wednesday trading to record a total turnover of $166.75, representing the highest during the week, while the local currency, Naira, steadied against the three major foreign currencies, Dollar, Pound Sterling and Euro, Daily times finding has revealed. The NAFEX, had declared […]