Currencies

Nigeria’s money supply (M3) has grown by 62.8% year-on-year (YoY) in September 2024, despite the Monetary Policy Committee’s (MPC) tightening...

The Nigerian naira weakened by 0.12% against the US dollar in the parallel market, on October 25, 2024, trading at...

The naira showed mild strength against the haven currency in the last trading session of the week in the official...

The local currency has been left to the whims of market forces amid the strengthening of the U.S. dollar index.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has addressed reports credited to the Governor...

On October 17, 2024, the naira resumed its decline against the U.S. dollar, closing at N1,660.49 in the official Investors...

The Governor of the Central Bank, Yemi Cardoso, stated that the sharp drop in the value of the naira presents...

The naira has lost ground, breaking the N16000/$ support level against the dollar in the official foreign exchange market, with...

On October 15, 2024, the naira resumed its downward slide against the U.S. dollar, closing at N1658.97 in the official Investors...

The Nigerian naira has been ranked among the worst-performing currencies in Sub-Saharan Africa for 2024.