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

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. Olusegun ...

Nigeria's foreign exchange reserves have recorded a significant decline in the last 18 days as the Central Bank of Nigeria ...

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

The Naira extended its appreciation against the dollar at the foreign exchange market on Thursday. FMDQ data showed that the ...

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

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

The NESG on Thursday projected a notable appreciation of the naira to an average exchange rate of N1,300 to the US dollar in ...

At least 13 million Nigerians have been projected to plunge into poverty in 2025 on high inflation, rising i and naira ...

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

CBN has fined nine banks N1.35 billion for failing to ensure Naira notes availability through ATMs during the festive season.