Tag: forex

In a move to enhance compliance and regulatory oversight, several banks in Nigeria have implemented new measures requiring customers to ...

In a disheartening development for Nigeria's economy, the national currency, the naira, hit an unprecedented low against the dollar on ...

In a significant turnaround for Nigeria's economy, the Central Bank of Nigeria (CBN) confirmed the highest dollar inflow the country ...

Nigeria's central bank has recently implemented a series of pivotal reforms aimed at unlocking the vast potential of remittances from ...

The Central Bank of Nigeria (CBN) has taken a significant step in addressing the backlog of verified foreign exchange transactions ...

A recently released report from Price Waters and Coopers (PwC) has raised concerns about Nigeria's ability to manage its debt ...

Naira recorded a significant gain against the United States Dollar at the official market on Friday, January 26, 2024. The ...

Despite efforts by Nigeria's central bank to inject liquidity into the official market and clear significant foreign exchange backlogs, the ...

The Euro faced resistance beyond the 1.1000 mark against the US Dollar on Wednesday, prompting a retreat to the 1.0990 ...

The Nigerian Naira took a sharp plunge against the US Dollar on Monday, reaching an average exchange rate of 1,030 ...