Currencies

The amount of currency circulating outside Nigeria's banking system experienced a significant drop in July 2024, decreasing to N3.66 trillion....

The Central Bank of Nigeria (CBN) has officially lifted the suspension on bank borrowing from its Standing Lending Facility (SLF),...

The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point...

In April 2024, Nigeria experienced a notable surge in capital outflows, reaching a total of $1 billion, marking a significant...

Nigeria saw a significant rise in capital outflows in April 2024, with total outflows reaching $1 billion, marking a 35.14%...

The Central Bank of Nigeria (CBN) has implemented a new exchange rate for calculating customs duties, offering relief to importers...

The Federal Government's fiscal deficit increased slightly in April 2024, reaching N824.79 billion, up from N823.91 billion in March, according...

The Nigerian naira made a notable recovery in the official market on Wednesday, August 21, 2024, after a sharp depreciation...

The Nigerian naira exhibited a mix of gains and losses against the US dollar in the foreign exchange market on...

The Nigerian naira continued to hover around N1600 per dollar in the black market on Wednesday morning, maintaining its position...