Currencies

The naira experienced a sharp depreciation on Monday, dropping 2.31% to 1690.37/$ at the National Autonomous Foreign Exchange Market (NAFEM),...

The Nigerian naira has hit a multi-week low, failing to sustain its ₦1,650/$ support level in the official market. At...

Businesses across Nigeria are showing reduced confidence in the country's economic outlook, according to the latest Business Expectations Survey (BES)...

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 Nigerian naira reached an unprecedented low of N1,681 per U.S. dollar on the official Investor and Exporter (I&E) window...

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

Nigerians reduced their personal loan debts significantly in the second quarter of 2024, repaying a total of N4.05 trillion and...

Dollar trading volume surged by 63% in the Nigerian Foreign Exchange Market (NAFEM) during October, with turnover reaching $5.4 billion...

The devaluation of the naira under President Bola Tinubu’s administration in 2023 has led to both gains and setbacks in...