Currencies

Forex traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say the permission of...

The Nigerian currency was largely muted in the unofficial market on Wednesday, oscillating around N1,750/$ despite improved fundamentals in the...

The Nigerian naira recorded marginal appreciation at both the official and parallel markets by the end of November, according to...

The Central Bank of Nigeria (CBN) has revised its guidelines, permitting licensed Bureaux de Change (BDCs) to purchase foreign exchange...

The Central Bank of Nigeria (CBN) has released revised guidelines for the Nigeria Foreign Exchange Market (NFEM), signaling a major...

Bajomo, while most Nigerians have somehow benefitted from the FX reforms, three sectors, including exporters, have leveraged the market reforms...

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has revealed that the soon-to-be-introduced electronic FX matching system will address the...

Nigeria has officially overtaken Ghana as the country with the highest benchmark interest rate in West Africa, following the Central...

The CBN has announced a significant adjustment to the remuneration structure for deposits placed with it by commercial banks, raising...

A review of Nigeria’s trading partners over the past decade shows that in recent times, specific to Imports, the proportion...