Currencies

The naira traded near its all-time low despite improved liquidity.

The Central Bank of Nigeria (CBN) has restricted the operations of international money transfer operators (IMTOs) to only inbound transfers,...

The Federal Government and the Central Bank of Nigeria (CBN) have denied that there are plans to convert $30 billion...

Naira gained against the dollar on Friday, 3rd February 2024 at the official market but declined at the black market. 

The Nigerian Customs Service (NCS) has increased the exchange rate for the for the clearance of goods by 42.7% from...

Naira has recorded a marginal drop at the official market to N1,461.90 per dollar at the first trading day in...

Naira has fallen to a record low of N1,515 per dollar following strong demand on the parallel market, also known...

There are reports that currency traders otherwise known as Bureau De Change (BDC) operators have announced the shutdown of operations...

The exchange rate between the naira and dollar closed the month of January at N1,455.59 representing a whopping 37.6% depreciation...

The Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted...