Currencies

The International Monetary Fund (IMF) recently released a report titled "Nigeria's eNaira, One Year After," revealing that 98.5% of eNaira...

Nigeria has experienced a significant spike in currency outside the banking system for the fourth consecutive month, reaching a staggering...

The digital currency industry experienced a significant setback recently as Digital Currency Group (DCG) failed to make a $630 million...

Following the relaxation of currency redesign and cashless measures by the Central Bank of Nigeria (CBN), indications suggest that Nigerians...

Nigerian banks have implemented a new requirement for customers engaging in foreign exchange transactions. Customers are now mandated to present...

On Tuesday, May 16, 2023, the exchange rate between the naira and the US dollar remain stable to trade at...

On Monday morning, May 15, 2023, the exchange rate between the naira and the US dollar depreciated to trade at...

As the crypto market faces a downturn, more incoming money and users could help it weather the storm. However, the...

Most Asian currencies retreated on Thursday as softer-than-expected Chinese data raised more concerns over slowing growth in the region’s largest...

The Central Bank of Nigeria has called on the public to disregard any report suggesting a phase out or withdrawal...