Currencies

The Naira has experienced a further decline in the country’s unofficial foreign exchange market, falling to a new low of...

A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations...

In a significant crackdown, operatives of the Economic and Financial Crimes Commission (EFCC) conducted extensive raids on Bureau De Change...

In a concerning turn of events, the exchange rate between the Nigerian naira and the US dollar surged to an...

The Central Bank of Nigeria (CBN) has announced plans for a significant restructuring in its operations, aiming to transfer approximately...

The Nigerian naira experienced a decline over the weekend, reaching a seven-week low against the US dollar. The official exchange...

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,...