Currencies

The Nigerian Naira witnessed a significant appreciation against the US Dollar on Monday, marking a 10.71% increase and closing at...

In a recent development, the exchange rate for customs duties collection has held steady at N1,480 to the US dollar,...

The naira has held steady against the dollar in the parallel market, trading at N1,500/$1 on Friday, an improvement from...

Nigeria is grappling with a significant decline in foreign exchange reserves, leading to extended timelines for issuing letters of credit...

The Central Bank of Nigeria (CBN) successfully raised N638.98 billion through its latest treasury bill auction held on May 22,...

The Economic and Financial Crimes Commission (EFCC) has apprehended more than 200 individuals linked to foreign exchange fraud and financial...

The cost of diesel produced by Dangote Petroleum Refinery has surged from N940 per litre to N1,100 per litre, driven...

Nigeria has recorded a significant 66% increase in foreign exchange (FX) supply, reaching $15.2 billion through the official market window,...

Foreign portfolio investment (FPI) outflows from Nigeria have surged dramatically by 237% in the first quarter of 2024 compared to...

The naira experienced a notable appreciation in the parallel market on Monday, trading at N1,490 per dollar, a 1.34% increase...