Currencies
King Charles III will be on the British pound notes by the middle of next year
British pound notes featuring King Charles III's face are projected to reach circulation by the middle of 2024. The Bank...
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Naira Slips Into a Record Low as it Falls Big at the Black Market
The Nigerian naira now exchanges for a dollar at a ridiculously low rate of N715/$1. Sadly, this slump in the...
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Exchange rate at the I&E Window shows little responsiveness to forex supply, stabilizes at about N436/$1
Tuesday, September 20, 2022: The rate at which the naira exchanges for the dollar at the Nigerian Investors and Exporters...
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Naira Appreciates to N705/$1 at the Parallel Market Despite 11% Shrink in Forex Supply
Tuesday, September 20, 2022: Trading activities at the parallel (black) market show that the naira has appreciated against the dollar...
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Bitcoin crashes to it’s lowest point this year
Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with...
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Naira Surges to N708/$1 at the Parallel Market
Friday, September 16, 2022: Trading activities at the parallel (black) market show that the naira depreciated against the dollar to...
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CBN’s attack on AbokiFX was futile, as the Naira fell by 25% a year later.
One year after Aboki FX was accused of "economic sabotage" and his acts were effectively criminalized by the Central Bank...
Read moreNaira maintains a record-low of N436.50/$1 at the I&E window as forex supply shrinks 21%
Wednesday, September 14, 2022: The exchange rate at the Nigerian Investors and Exporters (I&E) FX Window maintains a record-low as...
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Parallel Market Premium Surges to 61.5 Percent
The gap between the naira’s official and black market exchange rate has widened, reaching a N268.5 premium in the parallel...
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Naira Plunges, Hits N705/$1 at the Parallel Market
Monday, September 12, 2022: The naira has been under severe pressure for more than a week now, breaking into the...
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Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals
CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines
