- Friday, June 05, 2026
BusinessDay
Fresh pressure was witnessed in the foreign exchange market on Thursday as Nigeria’s currency weakened by 0.42 percent to exchange...
The foreign exchange market is expected to close the year with Naira depreciating by 16.85 percent to N420 in 2020,...
The Central Bank of Nigeria (CBN) on Thursday conducted the first Special Bill auction, offering N4.1 trillion for 81-day tenor...
The foreign exchange market closed on Thursday with Nigeria’s currency strengthening by 0.41 percent to N476 per dollar from N478...
Nigeria’s Central Bank on Thursday approved new license categorization for the payment system with corresponding minimum capital requirements ranging from...
Nigeria’s foreign-currency shortage is not only squeezing the life out of Africa’s largest economy, it is also threatening the ability...
Nigeria’s currency on Wednesday strengthened by 1.03 percent after banks commenced payment of Diaspora remittances in dollars to beneficiaries as...
Nigeria’s FX reserves declined by $150.81 million week-on-week to $35.26 billion, following outflows from Central Bank’s interventions across the various...
In a move to unify the exchange rates as recommended by the International Monetary Fund (IMF), Nigeria’s Central Bank at...
Nigeria’s currency has been on a steady fall against the dollar on the black market and may fall to N500/$...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has sent strong warning to foreign exchange speculators pushing the...
The pressure on the naira/dollar exchange rate continued on Friday as Nigeria’s currency fell to N482, the lowest since August...
Nigeria’s currency weakened further in value on Thursday by N3, exchanging at N480 with the dollar compared to N477 traded...
Nigeria’s currency on Wednesday continued its free fall with the dollar being sold at N477, representing a loss of N2...
The foreign exchange market closed on Tuesday with the Naira stable at N475 and N474 on the black market and...
