Currencies

The Nigerian naira posted modest gains in the official foreign exchange market, climbing to N1,527 per U.S. dollar, up N5...

Nigeria’s money supply contracted for the second time in 2025, dipping to N119.01 trillion in May from N119.30 trillion in...

Nigeria achieved a $3.73 billion balance of payments (BOP) surplus in the first quarter of 2025, fueled by naira depreciation...

The Nigerian naira experienced volatility in the foreign exchange markets on Tuesday, trading at approximately N1,600 per U.S. dollar in...

The Nigerian naira strengthened against the U.S. dollar on Tuesday, appreciating to N1,585 per dollar in the parallel market from...

The Nigerian naira continued its upward momentum across both official and parallel foreign exchange markets in the week following the...

The Nigeria Deposit Insurance Commission (NDIC) has started distributing liquidation dividends to creditors of Premier Commercial Bank, which was closed...

On June 2, 2025, the Ghanaian cedi emerged as the world’s top-performing currency, gaining nearly 50% against the U.S. dollar,...

On June 2, 2025, the Nigerian Naira displayed divergent trends in May, gaining 1.28% in the official market to close...

The Nigerian naira weakened to N1,583/$1 on May 26, 2025, in the official foreign exchange market, down from N1,579/$1 on...