Currencies

Foreign exchange traders in Nigeria's currency black market, who have engaged in aggressive 'stocking' of dollars at a premium in...

The Central Bank of Nigeria has informed the public that it has put in place monitoring measures to guarantee that...

The CBN has dismissed reports of its planned conversion of foreign exchange in domiciliary accounts of bank customers into naira.

Monday, 2nd August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official Investors and...

Do you remember the good old days in Nigeria? When the Naira was stronger than the US Dollar, Figure one...

There is palpable concern that the CBN could consider converting dollars in domiciliary accounts of banks held on behalf of...

Deposit money banks in the country have moved to implement the directive from the Central Bank of Nigeria (CBN) to...

Friday, 30th July 2021: The exchange rate between the naira and the US dollar closed lower at N411.44/$1 at the official Investors...

The Central bank has taken actions against crypto transactions, but embraced the fourth industrial revolution as Nigerian Central Bank Digital...

Currency speculators who profit from round-tripping and other currency manipulation practices are in trouble, as the Nigerian central bank and...