The Central Bank of Nigeria (CBN) declared that from September 6 to September 30, it sold $543.5 million to dealer banks with authorization. In a statement, Omolara Duke, the CBN's Director of the ...

The Nigerian company sued Mayweather for breach of contract agreement, which required Mayweather to make different ...

The Minister of Finance, Wale Edun, has announced that the Nigerian government has begun the Naira-for-crude sale deal with ...

Despite this confirmation, some officials from the Dangote refinery and other refineries stated on Thursday that they were not aware if the naira-for-crude deal had been activated. Officials from the ...

The Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun has met with the Minister of State for ...

Travails of Nigerian women clamped in dingy prison without trial •Remanded children watch in horror as prison officials ...

The naira rose slightly versus the US dollar on October 3, 2024, closing at N1,659.26 in the official Investor and Exporter (I&E) window, despite increased market activity. In an effort to draw $5 to ...

The naira struck a fresh low against the dollar in the last two as businesses in Nigeria sought to reduce their exposure to the US currency amid expectations the local unit will continue to suffer, ...

In a major shift aimed at reforming the Nigerian Foreign Exchange Market (NFEM), the Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System ...