Currencies

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...

In a surprising turn of events, the naira appreciated significantly against the dollar in the parallel market on Friday, May...

The Nigerian naira has hit a new low, trading at N1,533.99 to the dollar in the official market, stirring widespread...

The Nigerian Customs Service (NCS) has adjusted the exchange rate for import duty collections from N1492/$ to N1530/$. This change...