It hit a new low in February as the Central Bank of Nigeria (CBN) embarked on international payments. The naira recorded its ...
The naira continued its depreciation against the dollar across official and parallel foreign exchange markets on Wednesday.
The Central Bank of Nigeria has revealed that the value of the Nigerian currency depreciated against the US dollar in the official and unofficial markets.
The naira recovered in the official foreign exchange market on Monday, March 10, 2025, after days of depreciation, trading at ...
A High Court of the Federal Capital Territory, FCT, Abuja, has granted permission to the Economic and Financial Crimes ...
Chatham House, a United Kingdom (UK) international affairs policy think tank, has warned the Nigerian government against ...
To secure long-term growth, the government must resist the temptation to fight inflation by letting the naira strengthen ...
EFEMS automates trade matching, reduces speculation, and provides real-time price data, ensuring the Naira reflects its true ...
Nigeria’s naira slipped against the dollar after softer oil prices and lower local money market rates disrupted its recent ...
Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...
Nigerians imported fewer passenger cars in 2024 as rising inflation and the sharp depreciation of the naira made foreign exchange ...