Currencies

Nigeria’s money supply (M3) dropped to N107.66 trillion in October 2024, reflecting a 1.6% month-on-month (MoM) decrease from N109.41 trillion...

The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown...

The exchange rate between the naira and dollar slid back to around N1,745/$1 on the parallel market a sharp reversal...

The naira depreciated further at the parallel market to close at N1685/$1 at the end of business on Tuesday, December...

The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business...

The naira crashed to N1640/$1 at the parallel market at the close of business on Monday, December 9, 2024, ending...

The Nigerian currency posted strong gains against the European currency at the parallel market on the weekly spectrum amid ongoing...

Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex...

The Nigerian naira broke key resistance levels at the Nigerian Autonomous Foreign Exchange Market as the Central Bank of Nigeria...

The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency...