Currencies

Nigeria’s currency experienced a significant appreciation in January 2025, gaining N63.72 against the US dollar to close at N1,474.78/$ at...

The latest data from the Nigeria Inter-Bank Settlement Systems (NIBSS) reveals a significant surge in mobile money transactions in 2024,...

The Nigerian naira appreciated against the US dollar in the parallel market, trading at N1,635 per dollar on Tuesday, a...

Nigeria's digital payment landscape experienced an extraordinary surge in 2024, with total electronic transactions hitting an all-time high of N1.07...

  The Central Bank of Nigeria (CBN) has directed all participants in the foreign exchange (FX) market to submit a...

Nigerians have increased their expenditure on foreign education and healthcare services despite the significant depreciation of the naira, with spending...

Nigerians continue to grapple with persistent difficulties in accessing cash due to withdrawal limits imposed on Automated Teller Machines (ATMs)...

Nigeria's foreign exchange (FX) reserves have seen a significant decline, dropping by $832.62 million between January 6 and January 21,...

Nigeria's public debt has surged to N142.3 trillion by the end of the third quarter of 2024, reflecting an increase...

The Nigerian naira recorded a significant appreciation against the U.S. dollar in the parallel (black market) exchange, reflecting improved market...