Tag: Naira

The World Bank's latest report reveals that the premium between the parallel foreign exchange (FX) rate and the official rate ...

The World Bank's latest Africa's Pulse report has revealed that the Nigerian Naira has experienced a nearly 40 percent depreciation ...

The Nigerian Naira witnessed a decline of 1.48 percent on Wednesday, despite a boost in dollar liquidity in the official ...

The newly appointed Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined his immediate priorities during a ...

Cryptocurrency adoption in Nigeria is on the rise, driven by a weakening national currency and skyrocketing inflation, according to a ...

The exchange rate between the naira and the US dollar traded for an average of N945/$1 on Thursday, September 14, ...

The Central Bank of Nigeria (CBN) has set an audacious target - to clear a lingering $10 billion foreign exchange ...

In an unexpected turn of events, the Nigerian naira has demonstrated a significant appreciation in the parallel market, breaking below ...

In a bid to cater to the increasing demand for foreign education, Nigerian banks have disbursed a total of $533.48 ...

The Economist Intelligence Unit (EIU) has predicted that the pressure on Nigeria's currency, the naira, is likely to persist in ...