The Central Bank of Nigeria has debunked reports claiming that the apex bank has devalued the naira to N631/$1.
Read moreThe naira rose against the dollar in the peer-to-peer trading market after unconfirmed reports that CBN's official exchange had been...
Read moreEconomic experts have emphasized that the unification of Nigeria's exchange rate will require a strategic and gradual approach.
Read moreThe naira currency gained one naira against the US dollar and settled at 758 naira/dollar against last week's high of...
Read moreIn his inaugural speech in Abuja on Monday, President Bola Ahmed Tinubu announced that his administration would treat both the...
Read moreThe exchange rate at the official Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) window sold for as high as N632/$1.
Read moreThe naira continued its downward spiral against the dollar on Tuesday, as it hit a new year low of N765/$1...
Read morePresident-elect Tinubu plans to reform Nigeria's naira system, focusing on fiscal, monetary, and trade issues.
Read moreNigeria's foreign exchange supply through the official window increased to $15.2 billion in 2022, representing a 17.7% rise from 2021.
Read moreNigeria's strong appetite for the US dollar is fueling its growing interest in crypto assets, particularly stablecoins like Tether (USDT)
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