Currencies

The Central Bank of Nigeria (CBN) has reiterated its commitment to the Nigerian Foreign Exchange (FX) Code, affirming that it...

The Nigerian naira faced renewed pressure in the unofficial market on Tuesday, opening at N1,510 per dollar as the dollar...

The Nigerian naira demonstrated resilience in February 2025, closing the month with an 8.5% gain on the parallel market, settling...

Nigeria’s net foreign exchange (forex) inflows rose significantly by 44.8% year-on-year (YoY) to $41.89 billion in the first eleven months...

The Nigerian naira showed resilience against the euro in the parallel market, opening at N1,560/€ on February 24, 2025, a...

Nigeria’s Money Supply (M2) rose by 18.3% year-on-year (YoY) to N110.97 trillion in January 2025, up from N93.77 trillion in...

The Nigerian naira continued its upward trend, appreciating to 1,494.03 per US dollar at the official market on Thursday, according...

The Central Bank of Nigeria (CBN) has decided to keep its benchmark interest rate, the Monetary Policy Rate (MPR), unchanged...

The Nigerian naira continued its upward trend in the parallel market, appreciating to N1,514 per US dollar on Wednesday, February...

In a significant move to strengthen corporate governance and curb excessive risk-taking, the Central Bank of Nigeria (CBN) has issued...