Currencies

The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024. 

The naira has shown some form of stability against the US dollar on the NAFEM window, closing at N1,476.95/$1 on...

Naira languished against the British pound near the N2,000 support line, as the fortunes of the British currency gained momentum...

The Nigerian official foreign exchange (FX) market witnessed a significant downturn in turnover, crashing by 42.92% on Monday, June 3,...

The exchange rate for the Nigeria Customs duties collection has risen by 23.9% from N1,196.6 per USD to N1,482.9/$. This...

The Nigerian currency ended the month weaker, despite a monthly decline in the dollar index.

The Central Bank of Nigeria (CBN) has announced that International Oil Companies (IOCs) can sell 50% balance of their repatriated...

After two days of substantial depreciation in a week characterized by significant volatility in the foreign exchange market, the naira...

Naira has experienced substantial fluctuations making it difficult for businesses to predict costs and revenues accurately, complicating financial planning and...

The exchange rate between the naira and the dollar fell to N1,484.75 on Thursday, May 30, 2024, marking the second...