Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa in 2024. This is according to the World Bank’s latest Africa’s Pulse...
Naira on Wednesday hit a record low of N1,043.09 per dollar, following strong demand for the greenback amid dollar shortage at the official foreign exchange (FX)...
Mr Yemi Cardoso, Governor of Central Bank of Nigeria CBN, has stated that the apex bank will soon introduce a new set of foreign exchange laws...
By Lukman Otunuga, Senior Research Analyst at FXTM, The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week. Volatility is...
Paxful, a global peer-to-peer crypto marketplace announced the addition of Bitsika to the platform, expanding their range of local payment methods in Nigeria. The addition enables...
Central Bank of Nigeria (CBN) has fined about 28 financial institutions a total sum of N1.4 trillion or $3.9 billion to reduce excess cash in the...
Priscilla Ekwere Eleje, has made history as the first Nigerian woman to sign the Naira, the country’s currency in its 59-year history. Eleje, who has...
by Hussein Sayed The Naira has entered the trading week on a firm footing despite a stabilizing Dollar and global trade tensions pressuring emerging market currencies....
Central Bank of Nigeria (CBN( lowered the target band for the naira on Tuesday, and it raised interest rates by 100 basis points to 13 percent,...
