Currencies

The Federal government, 36 states, and all LGAs across the country shared around N2.517 trillion as FAAC exchange rate gain...

The Economic and Financial Crimes Commission (EFCC) has set up a task force to enforce extant laws against currency mutilation...

The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against major currencies, yet the naira...

The intra-day high between the naira and dollar sold for N1,519/$1 on Tuesday as forex turnover dropped by 20.26% to $465.29 as the Nigerian...

The Governor of the CBN has stated that recent reforms of the apex bank are beginning to yield positive results...

Yemi Cardoso, has said that the amount spent on foreign education and medical tourism contributes to Nigeria’s foreign exchange challenges.

Nigeria's burgeoning interest in cryptocurrency assets is being fueled by its strong need for US dollars, as evidenced by the...

The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158...

The Naira gained against the dollar on Monday, 5th February 2024 at the both official market and the black market. 

Full excerpts of the CBN's short and medium term plan to addressing Nigeria's forex challenges based on a series of...