The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM)....
The Central Bank of Nigeria (CBN) has projected that the pump price of petrol will hover around N950 per litre in 2026, according to its 2026 Macroeconomic...
The Nigeria’s currency, Naira, gained slightly in the parallel market Thursday, trading at N1,470 per US dollar, an improvement from N1,475 per dollar recorded on Wednesday....
The Naira recorded mixed movements yesterday, appreciating in the parallel market while depreciating slightly in the official Nigerian Foreign Exchange Market (NFEM). In the parallel market,...
The naira maintained its position at the official Nigerian Foreign Exchange Market (NFEM) on Friday, even as it continued to trade weaker on the parallel market....
The Naira recorded a modest gain in the parallel market on Wednesday, appreciating to N1,492 per dollar from N1,495 per dollar the previous day. However, in...
The naira started the week on a positive note, gaining N10 against the US dollar on Monday at the Nigerian Foreign Exchange Market (NFEM). The local...
The naira showed mixed performance on Tuesday, appreciating in the parallel market but slipping in the Nigerian Foreign Exchange Market (NFEM). At the parallel market, the...
The Nigerian currency, Naira, Wednesday slid further in the parallel market, exchanging at N1,540 per US dollar compared to N1,525 recorded on Tuesday. In contrast, the...
The Nigerian currency, Naira, wrapped up August with a modest gain against the U.S. dollar, posting improvements in both official and parallel foreign exchange markets. On...
