Currencies

The Naira faced more headwinds in the unofficial market amid high demand for the dollar and a widening supply gap.

The Nigerian currency hit a multi-weekly low this week, demonstrating that CBN’s intervention and attractive fixed-income yields have not stopped...

The Central Bank of Nigeria (CBN) has announced stringent penalties for Deposit Money Banks (DMBs) found diverting cash to hawkers,...

Nigerian businesses are preparing for continued naira depreciation over the next several months but hold cautious optimism for a potential...

The Nigerian currency is bracing for challenges as the U.S. dollar surges following Donald Trump’s return to the U.S. presidency.

Daily Forex Turnover hits $1.4 Billion on NAFEM official forex market, highest ever as External Reserves reach $40 Billion 

The recent re-election of Donald Trump to the U.S. presidency, defeating Vice President Kamala Harris, has raised questions about how...

The Central Bank of Nigeria (CBN) has given the green light to commercial, merchant, and non-interest banks operating in Nigeria...

We analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical,...

The naira slipped to an all-time low of N1681 per dollar at the official Investor and Exporter (I&E) window on...