Currencies

The Nigerian Naira ended 2025 at N1,429/$, gaining 7.4%. This is also the first annual gain following 13 years of...

Nigeria recorded an 11.78% decline in remittance inflows through International Money Transfer Operators (IMTOs) in the first half of 2025...

The naira opened the week on a positive note, appreciating to below N1,460 per US dollar on Monday, signaling renewed...

Currency traders have complained of liquidity challenges in the forex market, causing the depreciation of the naira in recent times. 

Analysts at Cordros Securities project that the naira could close 2026 around N1,350, supported by positive fundamental developments expected throughout the year. This...

The Central Bank of Nigeria has directed all banks and other financial institutions to implement multi-factor authentication for foreign card...

The naira closed the trading week on a weaker note at N1,466.5/$1 on Friday at the official foreign exchange market,...

Retail forex traders, also known as Bureau De Change (BDC) operators, have expressed optimism that more final operating licences will...

Analysts say a 25 basis-point interest rate cut by the United States Federal Reserve could have significant implications for Nigeria,...

The Naira closed the week marginally weaker against the US dollar, ending Friday at N1,455.50/$1 at the official foreign exchange...