The official market witnessed a slight depreciation in the Naira-dollar exchange rate, closing at N1,615.94 to $1, a 0.78% decrease.
Read moreNigeria is pushing Binance, a cryptocurrency exchange for information on its top 100 users in the country, as well as...
Read moreThe British pound sterling is outperforming most of the world's currencies this year, including the naira, despite a hawkish CBN.
Read moreIn the official market, the naira exhibited a marginal strengthening against the US dollar, concluding at N1,617.96/$1.
Read moreThe Central Bank of Nigeria (CBN) faces a significant liquidity crisis in supporting the naira, as nearly $20 billion of...
Read moreNigeria recorded a total crude oil export revenue of N29 trillion in 2023, a 37% increase compared to N21.1 trillion...
Read moreDespite the substantial FX losses incurred by MTN Nigeria in FY 2023, approximately 83% of that amount remains unrealized. Ā
Read moreThe Nigerian local currency is running out of time, and the U.S. dollar index is hovering around two-month lows as...
Read moreIn a recent report, Goldman Sachs analysts suggest the Naira "looks cheap" on a REER basis in a historical context.
Read moreThe Nigerian unofficial market rate appreciated by about 1% to close at N1,610 to the dollar on Thursday, while the...
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