The Association of Bureaux de Change Operators of Nigeria (ABCON) has expressed its appreciation to the Central Bank of Nigeria (CBN) for the decision to resume...
As of April 2nd, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,260 NGN in the black...
As of April 1st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,280 NGN in the black...
The Nigerian Naira appreciated against the US dollar throughout March 2024, a substantial milestone in the country’s exchange rate policy. Official figures indicate that the Naira...
Nigeria’s currency in circulation surged to a historic high of N3.69 trillion, according to data released by the Central Bank of Nigeria (CBN). This figure represents...
The Nigerian Naira has appreciated to N1,350 per dollar in the parallel market, a significant gain from its previous rate of N1,430 per dollar just a...
Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) disclosed that law enforcement agencies are currently investigating foreign exchange forwards valued at $2.4 billion. This...
As of March 26th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,430 NGN in the black...
The Central Bank of Nigeria (CBN) has resumed the sale of foreign currency to Bureau De Change (BDC) operators. However, with this resumption comes a crucial...
As of March 25th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,450 NGN in the black...
