Currencies

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...

International credit rating agency Fitch Ratings has forecasted that the Nigerian currency, the naira, will end the year at 1,450...

The Nigerian Exchange (NGX) witnessed a tumultuous trading day on Monday, as investors grappled with losses amounting to N102 billion....

Nigeria’s foreign exchange reserves have been caught in a downward spiral, raising alarm bells among economists and policymakers. The Central...