Seasonal demand pushes naira to 1,425/$ on summer travel, school fees
As summer activities gather momentum, the seasonal surge in dollar demand for vacations, overseas tuition, and business trips is widening...
- Friday, July 10, 2026
BusinessDay
As summer activities gather momentum, the seasonal surge in dollar demand for vacations, overseas tuition, and business trips is widening...
Nigeria's foreign exchange market recorded $46.37 billion in turnover within four months of publishing trading data under NFEM, as the naira.....
Afreximbank African Export-Import Bank (Afreximbank) is making its biggest push yet into Africa’s creative economy, targeting the mobilisation of up...
Naira weakened slightly in the official foreign exchange (FX) market on Wednesday despite improved market liquidity and rising external reserves,...
The Central Bank of Nigeria (CBN) mopped up excess liquidity from the banking system on Wednesday, raising N1.06 trillion at...
Nigeria’s banking recapitalisation exercise may have ended with the emergence of 33 stronger and better-capitalised banks, but members of the...
The Central Bank of Nigeria (CBN) has warned individuals, businesses and financial institutions against rejecting the standard N100 banknote, saying...
…Liquidity ratio more than double CBN benchmark …. Excess liquidity outpaces lending to businesses A Nigerian creative entrepreneur spent months...
The Financial Reporting Council of Nigeria is set to transform financial reporting standards and boost investor confidence across the country...
The naira weakened to N1,410 per dollar in the parallel market, popularly known as the black market, on Monday as...