Nigeria’s currency, the naira, experienced a significant depreciation, losing N90.43 of its value against the U.S. dollar within the past…
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On Tuesday, the Naira depreciated in the parallel market, falling to N1,600 per dollar from N1,590 per dollar recorded over…
The exchange rate between the Nigerian naira and the US dollar dropped to a four-month low of N1,611 at the…
The official foreign exchange market in Nigeria has experienced a significant surge in turnover, reaching $11.43 billion within a span…
The Nigerian naira witnessed a notable appreciation in the official Foreign Exchange Market, reaching N1,595.11 per dollar. This surge contrasted…
The Central Bank of Nigeria (CBN), has announced its decision to resume the sale of foreign exchange to eligible Bureau…
In response to the current forex challenges plaguing Nigeria, the Central Bank of Nigeria (CBN) has prohibited the use of…
The recent 55% depreciation of the Nigerian naira against the United States dollar in the official foreign exchange market has…
The Central Bank of Nigeria (CBN) has called out commercial banks for allegedly hoarding over $5 billion in foreign currencies,…
In an effort to stabilise the country’s fluctuating exchange rate, the Central Bank of Nigeria (CBN) has mandated Deposit Money…
The Abuja chapter of the Association of Bureau De Change (BDC) Operators has announced the indefinite closure of their business…
The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States…