Agora Policy, an Abuja-based think tank, says Nigeria faces risks of low  foreign exchange (FX) inflows and higher inflation ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...

The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...

The recent launch of the Nigeria Foreign Exchange Code (FX Code) by the Central Bank of Nigeria (CBN) signals a new era in ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...

The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

Domestic airlines spend scarce forex on repairing their planes outside Nigeria, but some players are beginning to set up ...