Nigeria’s gross external reserves have climbed above the $50 billion mark, driven by sustained foreign exchange inflows from oil exports,
The Naira posted a marginal gain against the United States Dollar at the official foreign exchange market on Friday closing
The naira posted a modest appreciation at the official foreign exchange market on June 1, while rates in the parallel
The Naira recorded mixed movements across the official and parallel foreign exchange markets on Tuesday, as fresh data showed a
Daily card-payment FX rates from GTBank and Stanbic IBTC show a sharp rise in retail dollar pricing in late April
The Nigerian naira recorded a marginal depreciation against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM)
Nigeria’s naira traded mixed across foreign exchange markets on Tuesday, with the currency weakening to ₦1,383/$1at the official window while
The Nigerian naira recorded a mild depreciation at the official market, while remaining unchanged across key parallel market segments, reflecting
Nigeria’s banks are signalling a new phase of stability in FX pricing, with international card rates now converging around the
After weeks of steady declines, Nigeria’s banks have paused FX rate adjustments for international card payments, suggesting a potential short-term
Nigeria’s banks are continuing to lower foreign exchange rates for international card payments, with GTBank and Stanbic IBTC recording their
Nigeria’s banks have adjusted foreign exchange rates downward for international card payments, offering a brief reprieve after a period of
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