The Nigerian Naira has begun to face renewed pressure against the U.S. dollar as global investors rush toward the American currency following escalating tensions between the...
African currencies showed mixed performance in the past week with Nigeria’s naira expected to gain slightly while Ghana’s cedi and Zambia’s kwacha face renewed pressure. Kenya’s...
Nigeria’s naira is expected to edge higher against the U.S. dollar in the coming days, supported by dollar interventions from the Central Bank of Nigeria (CBN)...
The Naira has continued its upward trajectory, trading around N1,590/$ in the parallel market as the impact of the Central Bank of Nigeria (CBN)’s market reforms...
The ruling All Progressives Congress (APC) and the Labour Party (LP) have commended lawmakers at the National Assembly for their consideration of a bill sponsored by...
Deposit Money Banks engaging in illegal sales of mint naira notes to money hawkers for profits may need to desist from this illegal operation or risk...
The Director of the Centre for Promotion of Private Enterprise (CPPE), Muda Yusuf, on Sunday revealed that the surge in the foreign reserves boasted the Nigerian...
The Central Bank of Nigeria (CBN) has said there is no deadline for the circulation of old naira notes as widely reported in some media on...
The Senior Vice President of the World Bank, Indermit Gill, has praised the Governor of the Central Bank of Nigeria, Yemi Cardoso, over his approach to...
First Securities Discount House (FSDH) Merchant Bank Ltd has projected that the Naira will stabilise against the Dollar in the fourth quarter of 2024. This projection...