Currencies

The Central Bank of Nigeria (CBN) has extended the deadline for Bureaux De Change (BDC) operators to meet new recapitalization...

The Nigerian naira slid further against the British pound, opening Thursday at ₦2,180/£1 on the parallel market. This marks a...

The Naira exhibited relative stability in the parallel market over the past two trading sessions, trading at N1,730/1735 per dollar...

The naira experienced a sharp depreciation on Monday, dropping 2.31% to 1690.37/$ at the National Autonomous Foreign Exchange Market (NAFEM),...

The Nigerian naira has hit a multi-week low, failing to sustain its ₦1,650/$ support level in the official market. At...

Businesses across Nigeria are showing reduced confidence in the country's economic outlook, according to the latest Business Expectations Survey (BES)...

Fitch Solutions has projected that the Nigerian naira will continue its decline, potentially reaching N1,993 per US dollar by 2028....

The Nigerian naira has dropped to N1,740 per dollar in the parallel market, a decline from the rate of N1,725...

The Nigerian naira reached an unprecedented low of N1,681 per U.S. dollar on the official Investor and Exporter (I&E) window...

Nigeria's net foreign exchange (forex) inflows surged by $17 billion in the second quarter of 2024, marking a 49.39% increase...