Nigeria recorded a significant increase in its net foreign exchange (forex) inflows in the second quarter of 2024, marking a...
Read moreDetailsThe U.S. dollar fell in the first trading session of the week as currency traders pulled out of "Trump trades"...
Read moreDetailsAlthough the naira is going through tough moments in the market at the moment, this article explains how the outcome...
Read moreDetailsThe Federal Government of Nigeria has launched a 9-month window for Voluntary Currency Disclosure, Depositing, Repatriation, and Investment Scheme, also...
Read moreDetailsLatest data from the Central Bank of Nigeria (CBN) reveals a significant year-on-year (YoY) increase in the amount of currency...
Read moreDetailsThe Nigerian currency slightly depreciated at the official market, as the U.S dollar index showed some recovery after Wednesday's sell-off.
Read moreDetailsNigeria’s money supply (M3) has grown by 62.8% year-on-year (YoY) in September 2024, despite the Monetary Policy Committee’s (MPC) tightening...
Read moreDetailsThe Nigerian naira weakened by 0.12% against the US dollar in the parallel market, on October 25, 2024, trading at...
Read moreDetailsThe naira showed mild strength against the haven currency in the last trading session of the week in the official...
Read moreDetailsThe local currency has been left to the whims of market forces amid the strengthening of the U.S. dollar index.
Read moreDetails