The Naira has plummeted to an all-time low of N1,534.39 against the US dollar on Monday. This sharp decline comes amidst a surge in demand for...
As of February 13th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1490 NGN in the black...
As of February 12th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1480 NGN in the black...
The Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a 56% decline in foreign exchange transaction value, according to data obtained from the FMDQ Exchange. This sharp...
As of February 9th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1510 NGN in the black...
Amid persistent foreign exchange (FX) scarcity and sluggish economic growth in high-income economies, Nigerians living abroad have sent home the lowest amount of remittances in nearly...
To better manage foreign currency transactions and bolster the nation’s forex reserves, the Central Bank of Nigeria (CBN) has directed mandating Nigerian banks to pay international...
As of February 8th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1500 NGN in the black...
As of February 7th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1480 NGN in the black...
Nigeria’s foreign exchange market experienced a surge in trading activity to $844 million turnover on February 3, the highest dollar trade since June 2, 2022. This...
