Currencies

The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to increase...

The depreciation of the Naira in the month of August was exacerbated by the inability of Nigerian banks to meet...

The Central Bank of Nigeria's audacious plan to eliminate its $10 billion foreign exchange backlog within a mere two weeks...

The exchange rate between the naira and the dollar declined to N930/$1 on the parallel market, based on quotes received...

Nigeria’s weak external reserves, as disclosed by CBN’s recent data, are a concern as they highlight external risk and policy...

CBN has said that it is working with the commercial banks to clear the $10 billion foreign exchange backlog within...

The dollar steadied near six-month highs as lingering signs of inflation in the United States stoked lingering concerns about the...

Nigeria's economy and businesses face ongoing challenges stemming from exchange rate unification, Naira floatation, and fuel subsidy removal, impacting sectoral...

The Nigerian Exchange Limited (NGX) has emerged as one of the best-performing exchanges in Africa during a 3-month duration.

GTCO reported its 2023 Half-year results showing pre-tax profits grew by 217.09% year on year, reaching N327.398 billion.