The Nigerian Naira opened better than expected against the United States Dollar at the Investors and Exporters forex window on Monday following a record decline on...
The Central Bank of Nigeria’s (CBN) eNaira website has gone live a week before the planned launch of the digital currency. The website promises easier financial...
Despite the Nigerian Naira trading at a record-low across the nation’s unregulated black market, the embattled currency opened slightly higher at N412.81 to a United States...
The United States Dollar rose to a three-week high after data from the Commerce Department showed that the U.S retail sales rebounded in the month of...
Naira continued its downward trend against other currencies on Friday as it plunged to N570 against the United States Dollar at the black market. The local...
The Central Bank of Nigeria (CBN) has directed deposit money banks to freeze all the bank accounts associated with AbokiFX and its owner, Oniwinde Olusegun Adedotun,...
Naira continued its downward trend against other currencies on Thursday as it plunged to N570 against the United States Dollar at the black market. The local...
Naira extended its decline on Tuesday as it hits N557 against the United States Dollar at the parallel market, popularly called the black market. The local...
Remittances to African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion in 2021, due...
Naira plunged to all time low against its global counterparts at the parallel market, known as the black market, despite efforts by the Central Bank of...