Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the ...

The Naira gained N18.85 and N20 against the dollar on a week-on-week basis, respectively, at the official and parallel ...

Nigerian banks have re-kickstarted the sale of foreign exchange for Personal Travel Allowance and Business Travel (BTA) to ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

The value of Nigeria’s naira dropped on Tuesday after banks resumed selling foreign currency for personal and business needs.

The value of the naira continued to depreciate as the 30 days moving average of the external reserves also depleted.

The naira closed the trading week on Friday at N1,531 per dollar in the official foreign exchange (FX) market, showing ...

The Central Bank of Nigeria has advised businesses to embrace exporting activities in a bid to harness value from the weak ...

The value of the naira has become more stable as the Central Bank of Nigeria (CBN) keeps intervening in the foreign exchange ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...