Tag Archives: #ForeignExchange

Malawi is facing a severe fuel shortage that has left drivers waiting for days at petrol stations, highlighting the economic...

International credit rating agency Fitch Ratings has revised Nigeria's long-term economic outlook from stable to positive while maintaining the country's...

Uganda’s shilling is expected to face further pressure against the United States dollar as businesses increase their demand for foreign...

The naira strengthened at Nigeria’s official foreign exchange market in August, supported by improved dollar liquidity and foreign exchange inflows,...

Nigeria’s equities market closed the week on a bullish note, with the All-Share Index rising by 2.36 per cent to...

Nigeria’s external reserves have risen to $54bn, reaching their highest level since 2008 and providing a boost to foreign exchange...

Beyond the main exchange, activity across alternative trading platforms and macroeconomic indicators reflected a cautious stance among investors, influenced by...

Naira Appreciates at Official FX Market The naira recorded a fresh gain at the Nigerian Foreign Exchange Market, NAFEM, closing...

Nigeria Records $3.8bn in Remittance Inflows Nigeria recorded $3.8 billion in remittance inflows through International Money Transfer Operators, IMTOs, in...

Nigeria’s Foreign Exchange Utilisation Hits Record Level Nigeria's total sectoral foreign exchange utilisation rose to a record $34.59 billion in...