The naira on Wednesday appreciated to N1,590 per dollar, crossing the N1,600 psychological point in the black market.

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...

The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...

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

The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the ...

In countries with fluctuating currencies, managing personal finances can feel like navigating a storm. For Nigerians, the ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of ...

The apex bank on Tuesday, January 28, in Abuja, approved waivers on the 2025 annual license renewal fee for all existing BDC ...

The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...

The value of naira continued to appreciate at both the official and parallel ends of the market as the 30-days moving average of the external reserves ...

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...