The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic ...

Nigerian investors and top chief executives are betting on the new-found stability of the naira to “plan” for their firms’ ...

The naira depreciated slightly in the official foreign exchange market but rose in the parallel segment as the dollar ...

The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against ...

The value of the naira improved against the US dollar in the foreign exchange market after the Central Bank of Nigeria ...

The Nigerian currency, the naira, appreciated massively against the dollar in both parallel and official foreign exchange markets on Tuesday. On the black ...

The Naira appreciated against the dollar at the parallel exchange market on Monday. A Bureau de Change operator in Wuse Zone ...

Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...

The Nigerian naira has found some relative calmness on the back of some policy actions implemented by the current government, ...

PricewaterhouseCoopers (PwC) is optimistic about the Nigerian currency, naira's performance in the foreign exchange market in ...

Instead, he pointed to a POS operator stationed nearby, ready to facilitate the transaction for a fee. For a ₦16,000 transfer, the POS charge was ₦400 – a shocking leap from the ₦65 banks would ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...