Currencies

President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on...

Nigeria’s foreign reserve (also known as external reserve) crossed the $40 billion mark on 18th October 2021, after gaining $566.45...

Thursday, 21st October 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1 at the Investors...

Wednesday, 20th October 2021: The exchange rate between the naira and the US dollar closed at N414.07/$1, at the official...

The Central Bank of Nigeria (CBN) has stated that the eNaira can serve as a medium for the government to...

The topic of devaluation is one that never quite goes away in Nigeria as the nation’s currency is frequently locked...

Dr Bayo Olugbemi, President of the Chartered Institute of Bankers of Nigeria, has stated that in order to strengthen its...

Monday, 18th October 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1, at the Investors...

The Central Bank of Nigeria (CBN) has stated that the eNaira would ultimately boost remittance inflow to the country. The...

Nigerians without internet-enabled phones will be able to use the eNaira, according to the Central Bank of Nigeria. The CBN...