Currencies

CBN has warned authorized dealers to ensure that transactions in the forex market are conducted transparently and any form of...

Naira on Monday fell to a record low of N1,348.63 per dollar following strong demand on the official market, also...

The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its...

A new report from Price Waters and Coopers (PwC) has revealed that Nigeria may face challenges with its debt servicing...

Naira gained against the dollar on Friday, 26th January 2024 at the official market but closed flat at the black market.  

Naira further tumbled against the dollar on Thursday, January 25th, 2024, in both the official and black markets.  

Naira on Thursday fell to a record low of N1,410 per dollar following strong demand on the parallel market, also...

Forex turnover dropped by 3.18% to $56.60 as the Nigerian naira tumbled against the dollar marginally on Wednesday, January 24th, 2024, in both the...

Mr. Yemi Cardoso has stated that the naira is overvalued promising that in 2024, the bank will work towards real...

Nigeria’s naira is poised for its lowest level at the black market this month as demand-supply equilibrium remains a fantasy.