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...
The Central Bank of Nigeria (CBN) has said the Central Bank Digital Currency (CBDC), eNaira, will strengthen the Nigerian banking system and protect Nigerians from the...
In a recent press statement, the Central Bank of Nigeria (CBN) stated its plans to launch its Central Bank Digital Currency (CBDC) pilot scheme called the...
The Nigerian Naira extended its decline against the United States Dollar at the parallel market known as the black market to exchange at N530 to a...
Nigerian travelers planning to access Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) through their banks are now mandated to return any unutilised forex within...
Naira depreciated further against its global counterparts on Friday at the black market as forex scarcity persist. The local currency exchanged at N520 to a United...
The Nigerian Naira depreciated further against the United States Dollar at the parallel market, popularly known as the black market to N520, a N5 decline when...
Nigeria’s economic uncertainty continues to weigh on the Nigerian Naira value as the local currency remained near record lows against its global counterparts. The Naira exchanged...
