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Naira closes strong on black market, official rate stable

Nigeria’s currency on Wednesday closed at N506 per dollar, which was 0.39…

3 Min Read

Explainer: What IMF’s Special Drawing Rights allocation means for Nigeria

The Board of Governors of the International Monetary Fund has approved a…

4 Min Read

Intervention funds, financial inclusion, top achievement as Emefiele marks 60 years

At 60 years today, Godwin Emefiele, governor of the Central Bank of…

9 Min Read

Nigeria wins big in IMF $650bn SDR reserves allocation

Nigeria's external reserves stand to increase by about 10 percent, and the…

5 Min Read

Naira bouncing back as uncertainty wanes

The naira is heading back to the level it was before the…

5 Min Read

Naira gains 0.58% as banks compete to meet dollar demand

Nigeria’s currency on Monday strengthened further against the dollar, gaining 0.58 percent…

3 Min Read

Nigerian BDCs assure of continuous provision of foreign exchange services

Bureaux De Change (BDC) operators, through their associates have assured members of…

4 Min Read

Naira ends week with 2.18% loss to dollar as market reacts to CBN’s policy

The five trading days foreign exchange market ended on Friday with Nigeria's…

6 Min Read
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