Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

On December 20 2024 CBN granted BDC operators temporary access to NAFEM to purchase $25,000 weekly from December 19, 2024, to January 30, 2025. CBN said BDCs will purchase FX from authorised dealers, ...

Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...

Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...

Governor John Rolle said yesterday that commercial bank credit growth accelerated significantly last year by nearly $350 ...

CBN extended its clearance for BDCs to purchase FX from authorized dealers in order to meet the demand of the retail sector ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for ...

The Nigerian Naira appreciated significantly at the parallel market on Monday, strengthening to N1,590 per US dollar, ...

EUR/USD fluctuates in a narrow channel above 1.0300 in the European session on Tuesday following Monday's wild action. The ...

The CBN has extended the temporary BDC operators to purchase foreign exchange from the Nigerian Foreign Exchange Market (NFEM ...

The Bank of Russia carries out foreign currency purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the "yuan - ruble" instrument ...

As a result, the seven-month trade deficit came in at $13.5 billion, up 3%, or $372 million. For a country having a little ...