The Senate has initiated a move to restore Nigeria’s monetary sovereignty by prohibiting the use of foreign currencies for payments and transactions within the country. This...
The naira weakened against the dollar on Friday in the foreign exchange market, ending the week on a downward trend. According to data from the Central...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria...
The Naira has regained value against the US dollar in the official foreign exchange market, just 24 hours after experiencing a depreciation. Central Bank of Nigeria...
The naira settled at N1,538.50 per dollar in the foreign exchange market on Monday, marking its first depreciation after a streak of appreciation. According to the...
The naira settled at N1,538.50 per dollar in the foreign exchange market on Monday, marking its first depreciation after a streak of appreciation. According to the...
The naira saw a significant appreciation against the dollar on Thursday, driven by an increase in foreign exchange supply. According to FMDQ data, the naira strengthened...
The naira gained strength against the dollar in the foreign exchange market following the Central Bank of Nigeria’s recent interest rate hike. According to data from...
The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians and the public to be cautious...