Currencies

In a surprising turn of events,  the Nigerian official foreign exchange (FX) market experienced a substantial downturn in turnover, plummeting...

The Federal Government has released a comprehensive report detailing the remarkable achievements of President Bola Tinubu in his first year...

Nigeria's external reserves, crucial for maintaining currency stability, have experienced a significant decline of 7.21% over the past year. As...

In a shift that tempered earlier optimism, the Nigerian naira depreciated against the dollar for the second consecutive day, closing...

The Nigerian naira witnessed a remarkable surge on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, reaching N1,173.88/$1 on Tuesday....

The foreign exchange market in Nigeria experienced a significant decline in turnover during the month of April 2024, according to...

Nigeria's ambitious foreign exchange reforms, spearheaded by President Bola Tinubu, have failed to yield the desired outcomes, as evidenced by...

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...