Currencies

**Abuja, October 22, 2024** — Nigeria's government forfeited N13.2 trillion in revenue due to its foreign exchange subsidy policy between...

The naira continued its decline against the U.S. dollar, closing at N1,660.49 in the official Investors and Exporters (I&E) window,...

The Nigerian naira has experienced a significant depreciation, falling below the crucial N1,650/$ support level in the official foreign exchange...

The Central Bank of Nigeria (CBN) has initiated a re-validation process to verify foreign exchange (FX) claims worth $2.4 billion...

The Nigerian naira has broken the N1,650/$ threshold in the official foreign exchange market, reflecting ongoing volatility in the country’s...

The World Bank has commended the efforts of Central Bank of Nigeria (CBN) Governor Yemi Cardoso, highlighting that his monetary...

The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14,...

The European Central Bank (ECB) is expected to cut interest rates again this week as inflation across the eurozone continues...

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and...

The Kenyan shilling has appreciated by 17% against the US dollar in 2024, driven by the Central Bank of Kenya’s...