Currencies

The local currency maintained its ground during the fourth trading session of the week, despite the US dollar index oscillating...

The US Dollar index hit a fresh high, closing above 107.74 points as of the market ending on the 18th...

The Nigerian naira showed stability in the official market as demand for the greenback moderated during the second trading session...

Nigeria’s currency outside the banking system hit an all-time high of N4.2 trillion as of October 2024, despite several policies...

The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp fluctuations in both official...

Nigeria’s money supply (M3) dropped to N107.66 trillion in October 2024, reflecting a 1.6% month-on-month (MoM) decrease from N109.41 trillion...

The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown...

The exchange rate between the naira and dollar slid back to around N1,745/$1 on the parallel market a sharp reversal...

The naira depreciated further at the parallel market to close at N1685/$1 at the end of business on Tuesday, December...

The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business...