Currencies

Nigeria's banking sector experiences a notable uptick in active bank accounts, reaching a total of 219.6 million in March 2024,...

The Nigerian naira experienced a sharp decline on Thursday afternoon, dropping to N1,450 per dollar in the parallel market. This...

The Central Bank of Nigeria (CBN) has once again intervened in the foreign exchange market by selling discounted dollars to...

In a stark reversal of trends, Point-of-Sale (POS) transactions in Nigeria plummeted by N225.73 billion in the first quarter of...

Despite recent statements from the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, concerning the country's external reserves, data from...

The Economic and Financial Crimes Commission (EFCC) has taken decisive action to curb illicit peer-to-peer forex trading, freezing approximately 300...

Nigeria's official exchange rate plummeted to a month-to-date low of N1300/$1 on Tuesday, April 23, 2024, as reported by data...

The global financial markets are witnessing an unexpected force in 2024: the resurgence of the US dollar. With the US...

The Nigerian naira experienced a significant depreciation against the United States dollar, reaching N1,234 at the official foreign exchange market...

In a deviation from its recent winning streak, the Nigerian naira witnessed its first weekly decline against the American dollar...