Tag: forex

The Nigerian naira made a notable recovery in the official market on Wednesday, August 21, 2024, after a sharp depreciation ...

Nigerians significantly reduced their expenditure on foreign education in the first quarter of 2024, according to recent data from the ...

Despite the Central Bank of Nigeria's (CBN) efforts to stabilize the naira by injecting $122.67 million into the foreign exchange ...

The Economic and Financial Crimes Commission (EFCC) has apprehended more than 200 individuals linked to foreign exchange fraud and financial ...

The naira witnessed a notable surge against the US dollar during Tuesday's trading session, marking significant gains both at the ...

On Thursday, March 28th, the daily forex turnover surged to an all-time high of $857 million, marking a significant milestone ...

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 ...