The apex bank launched a new FX Code to boost liquidity and transparency, warning banks and traders of dire consequences if ...

The renewed rally of the naira and a moderation in prices helped to keep the operating costs of businesses in check in ...

Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...

With the black market exchange rate now at N1,530/$, and official rate at N1500.65/ the gap between the official and black ...

The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market. The apex bank disclosed this in a ...

The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance amid the appreciation of the ...

The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing ...

Inflation in Nigeria is expected to experience a significant decline in 2025, driven by a combination of factors, such as for ...

The Naira has enjoyed stability against the dollar since December 2024 due to reforms by the Central Bank of Nigeria (CBN).

This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency ...

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...