The apex bank launched a new FX Code to boost liquidity and transparency, warning banks and traders of dire consequences if ...

The naira has improved significantly against the US dollar in the foreign exchange market following the recent moves by the ...

Olayemi Cardoso, Nigeria’s central bank governor has said the recent recovery of the naira could be tied to the various ...

The naira recorded a significant appreciation on Thursday, reaching its strongest level in seven months at N1,485.95 per dollar.

The naira recorded massive gains, the highest in months, to continue its appreciation streak against the dollar on the foreign exchange market. FMDQ data ...

CBN Governor Cardoso says the Naira’s stability and FX reforms have bolstered investor confidence and ensured competitive ...

The official exchange rate has been on an appreciating trend following the launch of the CBN Foreign Exchange Code this week.

The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

Bureau de Change (BDC) operators in Nigeria have expressed optimism about the Naira's prospects in 2025, forecasting a ...

Data from the FMDQ Security Exchange official forex trading platform revealed that the local currency gained N11.96. This ...

The Nigerian naira appreciated to N1,635 per dollar in the parallel market on Tuesday, strengthening from N1,650 per dollar recorded ...

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to ...