Currencies

The Central Bank of Nigeria has debunked reports claiming that the apex bank has devalued the naira to N631/$1.

The naira rose against the dollar in the peer-to-peer trading market after unconfirmed reports that CBN's official exchange had been...

Economic experts have emphasized that the unification of Nigeria's exchange rate will require a strategic and gradual approach.

The naira currency gained one naira against the US dollar and settled at 758 naira/dollar against last week's high of...

In his inaugural speech in Abuja on Monday, President Bola Ahmed Tinubu announced that his administration would treat both the...

The exchange rate at the official Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) window sold for as high as N632/$1.

The naira continued its downward spiral against the dollar on Tuesday, as it hit a new year low of N765/$1...

President-elect Tinubu plans to reform Nigeria's naira system, focusing on fiscal, monetary, and trade issues.

Nigeria's foreign exchange supply through the official window increased to $15.2 billion in 2022, representing a 17.7% rise from 2021.

Nigeria's strong appetite for the US dollar is fueling its growing interest in crypto assets, particularly stablecoins like Tether (USDT)