Naira recorded a significant gain against the United States Dollar at the official market on Friday, January 26, 2024. The...
Read moreNaira has tumbled to a record-breaking low, reaching N1,410 against the US Dollar. This significant depreciation, marking a 3.29% decline...
Read moreThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced proactive measures to stabilize the Naira exchange...
Read moreNaira experienced a remarkable rebound at the official Investors and Exporters (I&E) Window on Tuesday, marking a significant turnaround from...
Read moreNigeria's foreign exchange (forex) reserves have experienced a notable increase, reaching $33.25 billion, driven by optimism regarding potential surpassing of...
Read moreFitch, a prominent global credit rating agency, has highlighted that the Central Bank of Nigeria (CBN) continues to grapple with...
Read moreThe foreign exchange (forex) landscape experienced a notable shift as forex turnover witnessed a 17.36% decline to $145.89 million. This...
Read moreForeign airlines have repatriated a total of N795.48 billion ($1.76 billion converted at N451/$) from Nigeria in the first and...
Read moreNigeria's central bank has successfully settled the entire foreign exchange forwards liability of 14 banks, marking a significant step towards...
Read moreThe Central Bank of Nigeria (CBN) has uncovered instances of infractions, gross abuses, and non-compliance with foreign exchange market regulations....
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