FX Exporters To Receive Bonuses - CBN Exporters who made their foreign exchange proceeds available will from next week get their bonus from the Central Bank of Nigeria (CBN). CBN in a circular had promised to pay N65 bonus for every $1 of repatriated non-oil export...

Naira Declines Amid Devaluation Concerns   The Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening would lead to further devaluation of the currency. Official data and trading reports showed that the Naira depreciated by 0.12 per...

Naira Opens First Trading Day On Positive Note At N422/$   Naira opened trading for the year at the Investors and Exporters’ (I & E) window on an upswing yesterday. It was quoted at N422.67 per dollar, gaining N8.75, as against last year’s closing rate of...

Turnover In I&E Forex Window Drops By 6% To $937m In July     The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market fell by six percent, month-on-month, to $937.27 million last month from $992.12 million in...

Transactions On CBN’s I & E Window Now $171bn   The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria (CBN) have risen to $171.45 billion since the bank created the market three years ago. Data obtained from the...

In 2 Months, Foreign Investors Inject $10.6bn In I&E Foreign investors have injected $10.6 billion into the economy through the Investors and Exporters (I&E) window since the beginning of the year, even as they intensified demand for Nigerian Corporate Eurobonds listed on the London Stock...