The Central Bank of Nigeria (CBN) has released a new exchange rate for Customs duty, crashing the US dollar for importers ...

The Nigerian naira showed its biggest sign of stability in February, despite closing the month 1.6% weaker in the ...

Zeal Akaraiwe, the chief executive Graeme Blaque, said the current alignment of the official and black markets was due to the ...

The value of the naira improved against the dollar in the CBN Nigerian Foreign Exchange Market (NFEM) but black market ...

The Central Bank of Nigeria has revealed that Nigeria's foreign exchange reserves have recorded a significant decline falling ...

After years of turbulence, the naira has found some footing. But is this the beginning of real stability—or just another lull before ...

The Naira has remained relatively stable following CBN reforms aimed at ensuring transparency in the Foreign Exchange (FX) ...

The Nigerian naira depreciated further in the parallel market on Friday, closing at N1,500 per dollar as foreign exchange (FX) ...

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,495 per dollar in the parallel market from N1,490 per dollar on ...

The Naira today depreciated to N1,505 per dollar in the parallel market from N1,495 per dollar on Thursday. Similarly, the ...

Naira’s rally in recent times hasn’t been solely due to direct interventions by the central bank. Bismarck Rewane, CEO of ...

The Monetary Policy Committee of the Central Bank of Nigeria has paused its hawkish stance for the first time in over two ...