Currencies

This is the weakest it has been since April 8, when the official rate closed at N1,230.61/$1, suggesting downward pressure...

Nigeria's foreign exchange (FX) reserves have maintained a one-month dip streak. The latest figures from the Central Bank of Nigeria...

Zimbabwe’s illegal money changers are back on the streets after a brief hiatus following the launch of a new gold-backed...

The Nigeria Customs Service (NCS) has reduced the exchange rate for import duties collection from N1238.1 to the dollar to...

The Nigerian naira held its value against the US dollar in the black market, but it slightly declined in the...

Amidst the World Bank/IMF Spring Meetings in Washington D.C., the CBN organized a roundtable discussion aimed at bolstering remittance inflows...

CBN's ban on foreign currency collateral garners analyst support for economic stability and FX liquidity boost

Experts at the ongoing Global Trade Review West Africa have explained why the recent strengthening of the naira in the...

The Association of Bureau De Change Operators of Nigeria (ABCON) said that as of Tuesday, the Bureau De Change (BDC)...

Nigeria's foreign exchange (FX) reserves have witnessed a significant downturn, plunging by approximately $1.84 billion in 26 days, amidst the...