Currencies

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...

The Nigerian naira has staged a remarkable recovery across all foreign exchange markets, appreciating significantly against major global currencies. This...

The naira experienced a significant appreciation of N137.69 against the US dollar within a week, thanks to the introduction of...

The Nigerian naira has recorded notable gains against the euro in the parallel market, trading at N1,690/€, compared to N1,852/€...

The Association of Bureau De Change Operators of Nigeria (ABCON) has warned that foreign exchange speculators may resist the naira’s...

The cryptocurrency market faced significant turmoil as Bitcoin dropped below the critical $100,000 support level, leading to massive liquidations in...