Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

Agora Policy, an Abuja-based think tank, says Nigeria faces risks of low  foreign exchange (FX) inflows and higher inflation ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

The recent launch of the Nigeria Foreign Exchange Code (FX Code) by the Central Bank of Nigeria (CBN) signals a new era in ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...

CBN extended its clearance for BDCs to purchase FX from authorized dealers in order to meet the demand of the retail sector ...

The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...