Currencies

The naira has suffered a significant depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, falling to N1,561.98/$1 on...

Nigeria’s external reserves have increased yet again, reaching $35.05 billion as of July 8, 2024.  

The exchange rate for import duties by the Nigeria Customs Service (NCS) continues to rise as it hits N1549 to...

Naira falls as increased demand pressures the local currency, while the U.S. dollar index maintains its bullish trend.

The amount of currency outside the Nigerian banking system has reached a new all-time high of N3.71 trillion in May...

Nigeria’s external reserves have increased yet again, this time by $1.88 billion to $34.66 billion as of July 4, 2024,...

The exchange rate for customs duties collection has dropped from N1516/$ to N1512/$ between the 5th of July and 7th...

The global currency market got the much-needed reassurance after years of market volatility under the Conservatives when Keir Starmer's centre-left...

The Nigeria Customs Service exchange rate for import duties collection has risen to N1508/$- the highest in the past three...

The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) and authorized forex dealers,...