Tag: Naira

Despite the economic downturn, leading Nigerian banks, including FBN Holdings Plc, Stanbic IBTC Holdings, and five others, have collectively reported ...

In a resounding turn of events, the official foreign exchange market in Nigeria witnessed a remarkable surge in dollar supply, ...

In an exclusive interview with Arise Television, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, emphasized ...

The Federal Government, through the Central Bank of Nigeria (CBN), has increased the exchange rate for cargo clearance from N952/$ ...

Nigeria is currently experiencing one of its worst socioeconomic crises in decades, coupled with widespread insecurity. The rising food prices ...

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

 In a surprising turn of events, the Nigerian Naira has undergone a notable resurgence in the foreign exchange market, swiftly ...

The Central Bank of Nigeria (CBN) has issued a directive ordering Deposit Money Banks to sell their surplus dollar holdings ...

The Central Bank of Nigeria (CBN) has recently unleashed a transformative circular, titled "Harmonisation of Reporting Requirements on Foreign Currency ...

  The Nigerian naira witnessed a significant decline, reaching an unprecedented low of N1,482 against the United States dollar at ...