Currencies

Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28%...

In a recent announcement, the Governor of the Central Bank of Kenya (CBK) revealed plans to raise the capital requirements...

The Nigerian naira has sustained its position at the upper end of its range against the British pound sterling, slightly...

In a bid to alleviate financial strain exacerbated by severe foreign exchange volatility, the state governments of Ekiti, Cross River,...

The Central Bank of Nigeria (CBN) has announced the suspension of charges on cash deposits until September 30, 2024, following...

In a bid to sanitize the foreign exchange market and combat arbitrary trading, operatives from the Economic and Financial Crimes...

Despite a decline in overall money supply (M2), currency outside banks (COBs) in Nigeria witnessed a notable increase of 10.67...

In a turn of events, the Nigerian naira faced a significant decline in the official market, reaching its lowest level,...

The naira experienced a significant decline on Monday, reaching its lowest level against the dollar in two months, as foreign...

As the cash scarcity intensifies across Nigeria, several banks have instituted withdrawal limits for customers, further exacerbating the challenges faced...