Currencies

The federal government may soon begin the imposition of excise tax penalties on foreign exchange transactions done outside the official...

The House of Representatives has called for Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), and various...

Spot FX market turnover was $5.48 billion (N4.15 trillion) in September 2023, representing a Month-on-month (MoM) increase of 25.40% ($1.11...

Financial experts have said that the elevated exchange rate has led to a lull in trading in foreign stocks because...

President Bola Ahmed Tinubu has said that his administration will improve foreign exchange liquidity. This is according to an October...

Amid an optimistic narrative surrounding gains in net asset value by pension fund administrators, Nigerian pensioners find themselves grappling with...

Mr. Wale Edun has stated that around $10 billion of forex inflows is expected within weeks rather than months.

The exchange rate between the naira and dollar opened the week at N1,200/$1 on P2P platforms on Monday as traders...

The Association of Bureau De Change Operators of Nigeria (ABCON) has maintained that BDCs do not need more than the...

The past week has been unpleasant for Africa's largest economy's currency as the naira hit a fresh low in the...