Currencies

The foreign exchange turnover saw a significant rise of 76.61% to $117.32 million, coinciding with naira's strengthening against the dollar.

President Bola Tinubu has stated that the federal government is looking to raise about $10 billion in revenue to boost...

The National Security Adviser’s Office, led by Nuhu Ribadu, in collaboration with the Central Bank of Nigeria (CBN), has initiated...

The Naira experienced a sharp depreciation against the US dollar on February 19, 2024, reaching an intra-day high of N1,712....

The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N2040 per Great Britain...

A significant number of investors are already discouraged from investing in Nigeria, the largest frontier market on the continent.

The Naira experienced a decline against the US Dollar in the official market, closing the week at N1,537.96/$1, amidst persistent...

As the value of the naira erodes on an almost daily basis, economists warn that the trend will affect the...

The Naira has reached a historic peak against the US dollar, hitting N1,607 in intra-day trading on February 15, 2024.

The Central Bank of Nigeria (CBN) has announced a significant policy change, directing all authorised dealer banks to cease the...