Currencies

The Central Bank of Nigeria (CBN) has stopped international oil companies (IOCs) operating in Nigeria from immediately remitting 100% of...

The Central Bank of Nigeria (CBN) has raised the exchange rate for the clearance of goods from N1444.56/$ to N1515.09...

The intra-day high reached a peak of N1,582 against the US dollar on Wednesday, accompanied by a notable decline in...

The haven currency traded near three-month highs to major peers on Wednesday giving the naira little room to maneuver as...

The forex turnover witnessed a notable increase of 202.97%, reaching $271.50 million, as the Nigerian naira made gains against the...

The Naira has lost about 68% of its value, marking a profound downturn since the implementation of the foreign exchange...

The exchange rate between the naira and dollar closed at N1,534/$1 on the official NAFEM market on Monday, February 12th,...

The Naira strengthened against the dollar in the official market, to close the week at N1,469.97/$1 as the ongoing demand...

The Central Bank of Nigeria (CBN) has announced significant reforms in the foreign exchange market, signaling a stride towards a...

The CBN in a circular dated February 8 has removed the ±2.5% cap spread on interbank FX transactions. The circular...