Currencies

In reaction to tighter financial conditions and an impending policy tightening by the Federal Reserve Bank of the United States,...

As of Friday morning in London, the dollar was down, settling for its biggest weekly loss in eight months. As...

Measures adopted by the Central Bank of Nigeria to ensure the stability of the Naira have not borne desired fruits....

The Central Bank of Nigeria may need to tighten monetary conditions, in form of higher rates, in line with the...

Nigeria’s external reserve dipped $24.3 million in the first week of the year to close at $40.49 billion as of...

The launch of Africa's first digital currency, eNaira, has cast some doubt of hope on West Africa's single currency. According...

Thursday, 6th January 2022: The exchange rate between the naira and the US dollar at the official Investors and Exporters...

Wednesday, 5th January 2022: The exchange rate between the naira and the US dollar at the official Investors and Exporters...

The Central Bank of Nigeria's total foreign exchange sales to authorised dealers (deposit money banks) declined to $1.65 billion in...

The amount of foreign exchange that came into Nigeria in Q3 2021, skyrocketed by 64% to $30.18 billion compared to...