The Naira appreciated at the official market on Tuesday, trading at the N1,522.68 to a Dollar, according to data from the FMDQ Security Exchange official forex trading platform This represents a 0.7 ...

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

FMDQ data showed that the naira depreciated to N1,552.78/$1 on Tuesday, January 21, 2025, from N1,550.05/$1 recorded on Tuesday, January 20, 2025. This represents a loss of N2.37 against the dollar.

Naira stability will halt the federation allocation windfall that has been enjoyed by federal and state governments in the last nine years, threatening their revenues and projections. The federal ...

The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar at the close of trading on Monday, according to data by the Central Bank of Nigeria (CBN).

The Naira has appreciated against the dollar at the parallel foreign exchange market amid Donald Trump’s inauguration as the United States 47th president. Abubakar Alhasan, a Bureau de Change ...

The naira maintained the N1660-7 range against the haven currency in the unofficial market despite high volatility in the dollar index following President Trump’s swearing-in. Price action shows that ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled a comprehensive strategy to tackle on-going commoditization of the naira, with the objective of reinstating its status ...

Nihar Info Global Limited is an India-based company, which is engaged in the business of software and e-commerce. The Company undertakes development and/or trade in sale, import or exports of ...

The special adviser to the president on economic affairs (Office of the Vice President), Tope Fasua, has said that the weakening of the naira has reduced the number of Nigerians migrating from the ...

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.