ForeignExchange

Lagos:  The Naira on Monday appreciated further at the official foreign exchange market, closing at ₦1,357.76 to the U.S. dollar, a gain of ₦8.46 from the previous trading session, according …

Lagos: Nigeria’s currency gained ground Friday, settling at N1,366.23 per dollar in the official market. According to data published on the Central Bank of Nigeria (CBN) website, the Naira gained …

Lagos:  Mr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved liquidity, restored investor confidence and stabilised the Naira. He …

Lagos: The Naira further appreciated on Wednesday, trading at N1,376.19 per U.S. dollar, according to data from the Central Bank of Nigeria (CBN). According to the CBN’s website, the Naira …

Abuja: The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM). According to a circular signed …

Ikeja: A high‑stakes legal battle is unfolding at the Ikeja Special Offences Court as the Economic and Financial Crimes Commission (EFCC) has filed a ₦4.3 billion case of alleged foreign …

Lagos:  The naira closed the week lower against the US dollar on Friday, settling at ₦1,464.49 at the official foreign exchange window, reflecting sustained demand pressures on the local currency. …

Lagos: The Naira on Monday opened the week with a slight depreciation, trading at N1,448.43 against the Dollar at the official foreign exchange market. Data from the Central Bank of …

Abuja: The Nigeria Employers’ Consultative Association (NECA) has endorsed the Federal Government’s decision to impose a 15 per cent import tariff on petrol and diesel, describing it as a strategic …

Lagos: The Centre for the Promotion of Private Enterprise (CPPE), a leading economic think tank, has endorsed the Federal Government’s decision to impose a 15% import duty on refined petroleum …