Currencies

In the wake of a significant drop in foreign exchange (FX) turnover, recent data from the FMDQ has shown that...

The World Bank has raised concerns over the effectiveness of the Central Bank of Nigeria’s (CBN) monetary policy tightening in...

The naira exhibited signs of moderate stability as foreign exchange (FX) turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM)...

Recent data from the Financial Markets Dealers' Quotation (FMDQ) platform has revealed notable fluctuations in Nigeria's foreign exchange market, highlighting...

The Nigerian foreign exchange (FX) market experienced a significant downturn on Monday, with turnover plummeting by 39.95%. The drop saw...

The Nigerian naira has demonstrated resilience in the face of European political turmoil, gaining ground against the euro in the...

Nigeria's expenditure on fuel imports surged to N2.6 trillion in the first quarter of 2024, marking a 46% increase from...

Exchange rate gains have significantly contributed to the Federation Account Allocation Committee (FAAC) disbursements over the past year, rising from...

The Nigerian naira hit its lowest point in three weeks on the official market, closing at N1,488.60/$1 on Wednesday, June...

The Nigerian naira demonstrated stability across various foreign exchange (FX) markets on Tuesday, despite a significant surge in dollar sales...