Currencies

The Nigerian foreign exchange (forex) market is currently witnessing a significant downturn, with average daily turnover plummeting to its lowest...

The Nigerian currency began the week on a bearish note as the U.S. dollar index showed strong performance in the...

Nigeria has witnessed a significant increase in capital outflows, totalling $1 billion in April 2024, an increase of 35.14% from...

The Naira strengthened against the US dollar during Friday's trading session.

On Friday, August 23rd, the US Federal Reserve Chair, Jay Powell delivered a much awaited speech at the Jackson Hole...

The naira displayed mixed signals against the dollar in Nigerian FX markets on Thursday.

Businesses in Nigeria say they expect the Naira to continue to depreciate in the next three months beginning from July...

The Central Bank of Nigeria (CBN) has reported a 130% surge in remittance inflows, with the figure reaching $553 million...

Currency traders have attributed the persistent weakening of the naira and the volatility of the foreign exchange market to the...

The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August...