Currencies

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...

A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in...

Former Vice President Atiku Abubakar has launched scathing criticism against the government of President Bola Tinubu, attributing Nigeria's deepening economic...

In a week marked by fluctuating forex dynamics, the Nigerian Naira showcased its resilience amidst shifting market conditions. Despite a...

In a recent commentary on Nigerian banks, credit rating agency Fitch Ratings has cautioned that the proposed foreign currency gateway...