Nigeria recorded $282.61 million as total direct foreign exchange (FX) remittances in the first quarter (Q1) of 2024.
Read moreThe Naira continued its decline across the country's unofficial FX market, depreciating to a new low of 1,540 per dollar...
Read moreThe exchange rate for customs duty collections has risen to N1502.1/$, the highest in seven weeks going back to March...
Read moreAmidst severe liquidity shortages and erratic forex supply, a senior ABCON official explained why the naira has been depreciating in...
Read moreThe two agencies are to strengthen the existing Memorandum of Understanding they have and ensure it is more effective in...
Read moreThe exchange rate between the Naira and dollar on the official NAFEM window fell to N1,520.4/$1 on Tuesday, May 14,...
Read moreThe exchange rate between the naira and dollar hit an intra-day high of N1,515 on Monday according to data from...
Read moreThe dollar consolidated against major peers on Monday as market participants while the naira oscillated near its March 20 lows...
Read moreThe exchange rate for import duties collection by the Nigerian Customs Service (NCS) has risen to the highest just over...
Read moreThe International Monetary Fund (IMF) has expressed concerns over the Nigerian government's strategy to issue domestic dollar-denominated bonds, according to...
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