Currencies

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

Nigerians reduced their personal loan debts significantly in the second quarter of 2024, repaying a total of N4.05 trillion and...

Dollar trading volume surged by 63% in the Nigerian Foreign Exchange Market (NAFEM) during October, with turnover reaching $5.4 billion...

The devaluation of the naira under President Bola Tinubu’s administration in 2023 has led to both gains and setbacks in...

Nigeria’s Central Bank (CBN) has issued a new directive requiring commercial banks to secure regulatory approval before making changes to...

Recent statistics from the Central Bank of Nigeria (CBN) reveal a striking increase in the amount of currency circulating outside...

The Nigerian Naira experienced a slight decline in value at the official foreign exchange market on October 30, 2024, coinciding...

In a significant economic development, Nigeria's money supply (M3) soared to N108.95 trillion in September 2024, marking a 62.8% increase...

The Nigerian naira weakened further on Monday, sliding to ₦1,670.75 per dollar in the official market and ₦1,748 per dollar...

Central Bank of Nigeria (CBN) Governor Yemi Cardoso has highlighted a notable decline in market volatility, which he attributes to...