Currencies

The Association of Bureau De Change Operators of Nigeria (ABCON) has praised its members for the effective implementation of the...

The Bureau De Change (BDC) operators have attributed the recent strong performance of the naira to the implementation of the...

The naira oscillated around the N1570-1575/$ range at the black market in the early hours of Saturday in Nigeria's business...

The Nigerian naira has demonstrated relative stability in the parallel market, trading at N1,570 per US dollar from Wednesday through...

The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets. 

The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing...

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market,...

The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at...

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded...