The Nigerian naira recorded mixed performance across foreign exchange market segments on Monday, as gains in the parallel market contrasted
According to data from the Central Bank of Nigeria (CBN), the naira closed Tuesday’s trading at ₦1,373.65/$ in the Nigerian
The Nigerian naira recorded a mixed performance on Monday, May 12, 2026, with the currency depreciating slightly in the official
Somalia’s deepening currency crisis is pushing millions closer to poverty as traders, transport operators and businesses increasingly reject the country’s
The Nigerian naira recorded a marginal depreciation against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM)
The naira posted a mild decline against the US dollar across both the official and parallel foreign exchange markets, while
Nigeria’s banks are showing the first signs of upward pressure after a period of stability, with Guaranty Trust Bank (GTBank)
The Nigerian naira recorded a mild depreciation at the official market, while remaining unchanged across key parallel market segments, reflecting
Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year’s
Nigeria’s banks are signalling a new phase of stability in FX pricing, with international card rates now converging around the
Nigeria’s diaspora remittance inflows are estimated to have risen to approximately $23 billion in 2025, marking one of the strongest
After weeks of steady declines, Nigeria’s banks have paused FX rate adjustments for international card payments, suggesting a potential short-term
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