Currencies

The Central Bank of Nigeria (CBN) is preparing to adjust the customs exchange rate used for clearing goods at the...

The Nigerian naira continues to struggle in the black market, where it recently traded at N1,635 per dollar, slipping from...

The Nigerian Naira experienced a mixed performance against the US Dollar on Monday, with varying results across different exchange markets....

Nigeria has been identified as the most cash-dependent economy in the world for 2023, with 55% of all financial and...

Nigeria's foreign trade payments via Letters of Credit (LCs) saw a significant decline in the first seven months of 2024,...

The Nigerian naira experienced further depreciation against the U.S. dollar during the final trading session of August, reflecting ongoing challenges...

The Nigerian naira made a strong recovery on Thursday, August 29, 2024, after briefly crossing the N1,600 mark against the...

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...