Currencies

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...

Currency traders have blamed the persistent depreciation of the naira and the volatility in Nigeria's foreign exchange (FX) market on...

The Nigerian foreign exchange (FX) market witnessed a significant downturn in turnover during the first two weeks of August 2024,...

The federal, state, and local governments in Nigeria collectively gained an additional N2.74 trillion in revenue from exchange rate fluctuations...