Nigeria's currency outside the banking system has soared to an all-time high of N4.2 trillion as of October 2024, despite...

The Nigerian naira has recorded notable gains against the euro in the parallel market, trading at N1,690/€, compared to N1,852/€...

The Central Bank of Nigeria (CBN) has introduced new guidelines enabling licensed Bureaux de Change (BDCs) to buy foreign exchange...

Rate Cuts: Over Before They Begin? Recent Fed commentary suggests that the anticipated rate-cutting cycle may be shorter-lived than initially...

Foreign investments in the Nigerian Exchange Limited (NGX) hit a record low of ₦11.26 billion in September 2024, marking the...

Fitch Solutions has projected that the Nigerian naira will continue its decline, potentially reaching N1,993 per US dollar by 2028....

The Nigerian naira has dropped to N1,740 per dollar in the parallel market, a decline from the rate of N1,725...

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has reassured Nigerians that the proposed tax reform bills...

Nigeria's net foreign exchange (forex) inflows surged by $17 billion in the second quarter of 2024, marking a 49.39% increase...

The Nigerian banking sector has seen a significant boost in market capitalization, reaching N7.91 trillion at the end of trading...