Currencies

Nigerian Companies have found a smart way of selling forex at the I&E window at black market rates

The dollar's biggest moves may be behind it, but many top currency experts expect the dollar to at least stay...

One year after the CBN effectively criminalized AbokiFX's actions and accused it of "economic sabotage", the Naira has lost 25%...

First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will...

The Central Bank of Nigeria sold $4.86 billion worth of foreign exchange to authorities dealers in the first quarter of...

As Nigeria’s inflation outpaces the income from Naira-denominated investments, savers are losing money in real terms.

Nigeria expects its local currency, the Naira, to weaken further over time even after it showed signs of recovering from...

A bleak economic outlook and the most recent surge in the value of the US dollar have caused the pound...

The gap between the official and black market rates has widened to a whopping N271, owing to the huge depreciation...

The Naira, Nigeria’s currency ranks 11th worst-performing currency against the US dollar, according to Hanke's Currency Watchlist.