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...
As of February 6th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1420 NGN in the black...
As of February 5th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1430 NGN in the black...
As of February 4th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1450 NGN in the black...
In a bid to strengthen the oversight of financial transactions and enhance the stability of the foreign exchange market, the Central Bank of Nigeria (CBN) has...