Currencies

As of March 2024, nearly three years post-launch, Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, constitutes less than 1%...

Nigeria’s leading commercial banks have reported substantial foreign exchange (FX) revaluation gains, amassing a combined total of N3.37 trillion in...

The exchange rate for customs duties collection by the Nigeria Customs Service (NCS) has increased, surpassing the official market rate...

The Central Bank of Nigeria (CBN) may persist with its stringent monetary policies if inflation rates continue to climb, according...

The Nigerian naira has dropped to its lowest level since March, trading at N1,577 per U.S. dollar on Monday, despite...

Despite the Central Bank of Nigeria's (CBN) efforts to stabilize the naira by injecting $122.67 million into the foreign exchange...

The Central Bank of Nigeria (CBN) has taken decisive action to stabilize the foreign exchange market by injecting $122.67 million...

The Nigerian naira experienced a significant drop against the US dollar in both the official and parallel markets on Thursday,...

The Central Bank of Nigeria (CBN) has reported an improvement in the value of the naira against the British pound...

In a significant legislative decision, the Nigerian Senate on Thursday dismissed a proposed bill that aimed to overhaul the regulations...