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 ...

Despite the decline in the country’s external reserves, the Naira had remained relatively stable at below the N1,500 per ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...

Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...

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, ...

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

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

It is unknown if Olayemi Cardoso ever thought he might one day become the Governor of the Central Bank of Nigeria. It might ...

Nigeria's sky-high inflation is projected to decline to 26 percent with naira strengthening for the most part of this year on ...

Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...

By Babajide Komolafe & Elizabeth Adegbesan The Naira yesterday appreciated further in the parallel market to N1,610 per ...