Currencies

The exchange rate between the naira and the US dollar closed at N416.83/$1 at the official Investors and Exporters (I&E)...

The IMF has expressed worry about the possible long-term implications of foreign exchange intervention by central banks.

The Nigerian currency rose against the Ghanaian Cedi in the first quarter of 2022, despite Ghana's central bank raising interest...

A PwC study has indicated that more than 80% of central banks around the world are interested in launching a...

The CPPE has urged the CBN to adopt a flexible exchange rate regime.

The CBN's inability to maintain Nigerians' interest in the eNaira has created a gap for Bitcoin and other cryptocurrencies to...

Despite multiple interventions by the Central Bank of Nigeria to defend the Naira, the Naira fell by N22 in the...

Despite the Naria's continued fall, certain emerging market's (EM) currencies have outperformed the US dollar in recent times, even as...

The CBN has warned banks against the practice of circulating composed banknotes which is part of their deposits with the...

The greenback rose on Thursday as a lack of progress in peace talks between Russia and Ukraine increased demand for...