In a notable surge, the Nigerian naira demonstrated resilience on Monday, reaching N1,600 per dollar in the parallel section of the foreign exchange (FX) market. This...
The Nigerian naira experienced a positive shift in the parallel market, appreciating to N1,600 per dollar on Friday compared to N1,615 per dollar the day before....
In response to a nationwide crackdown on cryptocurrency exchanges, Binance has announced the suspension of all transactions and trading activities in Nigeria’s local currency, effective March...
The US Dollar supply turnover in the official foreign exchange market reached an impressive $296.00 million on Friday, signaling a surge attributed to the Naira’s appreciation....
The Nigerian naira witnessed a positive shift, reaching N1,595.11 per dollar in the official Nigerian Foreign Exchange Market (NAFEM) on Wednesday. This represents a significant appreciation...
The Nigerian Naira has extended its winning streak in the parallel section of the foreign exchange (FX) market, trading at an impressive N1,500 against the US...
In a notable shift, the Nigerian Naira witnessed a marginal depreciation against the US dollar on Tuesday, ending a trend of appreciation observed since last...
The Central Bank of Nigeria (CBN) has officially commenced the sale of foreign exchange, totaling $20,000, to eligible Bureau De Change (BDC) operators nationwide. The announcement...
In a bid to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has successfully sold over $300 million to Deposit Money Banks (DMBs)...
The Naira witnessed a depreciation against the US Dollar on Thursday, even as the Economic and Financial Crimes Commission (EFCC) conducted raids on Bureau De Change...