Currencies

Spot FX market turnover in January 2024 was $4.37 billion (N4.03 trillion), representing a Month-on-month (MoM) decrease of 40.46% ($2.97...

The Naira reversed course yesterday, falling at the official window after rising for four days in a row despite the...

The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43...

The parallel market exchange rate has experienced a substantial decline, reaching a low point of N2050 per Great Britain Pound...

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the...

The Naira exhibited a positive trend against the US Dollar in the official market, concluding the week at N1,548.25/$1.

The Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators...

The Federal Government has slammed a $10 billion fine on crypto trading platform, Binance, over allegations of influencing the country’s...

The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the...

Olayemi Cardoso says that the remainder of the bank’s FX backlogs will be cleared in the next few days- most...