Currencies

Daily average forex turnover on the FMDQ platform for the month of November has reached $294 million, making it the...

The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the CBN’s...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, asserted that the value of the naira has shown...

The Central Bank of Nigeria (CBN) has announced fresh guidelines for interbank foreign exchange (FX) trading via its Electronic Foreign...

The naira broke through the N2,180 barrier and began Thursday's session at the lower end of its range against the...

The Naira faced more headwinds in the unofficial market amid high demand for the dollar and a widening supply gap.

The Nigerian currency hit a multi-weekly low this week, demonstrating that CBN’s intervention and attractive fixed-income yields have not stopped...

The Central Bank of Nigeria (CBN) has announced stringent penalties for Deposit Money Banks (DMBs) found diverting cash to hawkers,...

Nigerian businesses are preparing for continued naira depreciation over the next several months but hold cautious optimism for a potential...

The Nigerian currency is bracing for challenges as the U.S. dollar surges following Donald Trump’s return to the U.S. presidency.