Currencies

The Nigerian naira showed little strength at the last trading session of the week, appreciating to below N1600 amid a...

According to a statement on Friday, the transactions, conducted on July 22 and 23, 2024, aim to provide much-needed stability...

The naira has suffered further depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, closing at N1,603.80/$1 on Thursday,...

The federal government has announced plans to issue $500 million in domestic foreign currency-denominated bonds in three to four weeks’...

Nigeria's proposed windfall tax on foreign-currency revaluation gains of Nigerian banks could generate up to 0.3% of the country's Gross...

Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and...

Nigerians spent $38.17 million on foreign education expenses between January and March 2024. 

The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has declined from N1,584/$ on the 22nd...

The naira posted impressive gains against the haven currency amid increased inflows from the CBN, recording its best gains since...

Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of...