The Central Bank of Nigeria (CBN) has raised an alarm over the increasing use of fraudulent SWIFT messages by individuals,… Read More
Yemi Cardoso, Governor of the Central Bank of Nigeria, has emphasised that the devaluation of the naira presents an opportunity… Read More
At the Access Bank Customer Forum held in Lagos on Thursday, Bismarck Rewane, Managing Director of Financial Derivatives Company, made… Read More
The Nigerian naira remained stuck at N1600/$ in the black market on Wednesday, despite improving fundamentals in the country's foreign… Read More
On Monday, the Naira appreciated at the official market, trading at N1,607.15 to the dollar. Data from the FMDQ Exchange,… Read More
She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira's… Read More
In a concerning development for Nigeria's economic landscape, the Naira has plummeted to a three-week low, concluding at N1,488.60 per… Read More
Nigeria's naira crisis cannot be resolved by only monetary policies. Complementary fiscal reforms, reducing government expenditure, and growing the nation's… Read More
"A (developing) nation’s exchange rate is indeed too important to leave completely in the hands of “market forces”. The… Read More
The value of the Nigerian Naira has been consistently falling against major international currencies in recent times, particularly the US… Read More