Currencies

The Naira experienced a setback on the Nigerian Autonomous Foreign Exchange Market (NAFEM) after a brief period of gains. According...

In a bid to bring stability to Nigeria's forex market, traders on the FMDQ platform, where forex is officially traded,...

The Central Bank of Nigeria (CBN) has conducted another successful Treasury Bills auction, selling a substantial N1.58 trillion as part...

The Nigerian economy is currently facing significant challenges, particularly with the ongoing FX crises and the depreciation of the Naira....

The International Monetary Fund (IMF) has issued a cautionary forecast, predicting a potential 35% depreciation in the official exchange rate...

In a bid to curb the activities of currency speculators and stabilize the exchange rate, Nigerian banks have sold approximately...

In a surprising move impacting Nigeria's cryptocurrency landscape, the Nigerian Communications Commission (NCC) has issued a directive to telecommunications firms...

In a recent development, the Federal Government, through the Central Bank of Nigeria, has once again adjusted the exchange rate...

The Nigerian naira witnessed mixed fortunes in forex markets on Tuesday, February 20th, 2024, with the official exchange rate settling...

In a targeted crackdown on illicit financial activities, operatives of the Economic and Financial Crimes Commission (EFCC) raided several Bureau...