Currencies

The Nigerian naira began 2025 with a slight depreciation, closing at N1,541.36/$ on the first trading day of the year....

The Nigerian government faces a challenging fiscal year in 2025, as the steep depreciation of the Naira threatens the viability...

The US Dollar Index (DXY) surged to its strongest level in two years, closing at 107.74 points on December 18,...

Foreign Portfolio Investments (FPIs) in the Nigerian stock market have witnessed a significant surge, increasing by 180.95% in the first...

The Central Bank of Nigeria (CBN) has announced a new policy limiting cash-out transactions via Point of Sale (POS) agents...

The Central Bank of Nigeria (CBN) has reported a remarkable 61% increase in diaspora remittances processed through International Money Transfer...

Nigeria's currency outside the banking system has soared to an all-time high of N4.2 trillion as of October 2024, despite...

The Central Bank of Nigeria (CBN) has confirmed the continued validity of the old N1,000, N500, and N200 notes, dismissing...

The World Bank Board is expected to decide today on a $500 million loan to Nigeria aimed at enhancing rural...

The Nigerian Foreign Exchange Market (NAFEM) saw a significant 61.9% year-on-year increase in dollar turnover, reaching $43.09 billion in the...