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

CBN announced the deadline extension on Monday, February 3, 2025, allowing eligible operators to access the official window ...

Nigeria's President Bola Tinubu has increased the size of the 2025 budget to 54.2 trillion naira ($36.4 billion) from 49 trillion naira, he said in a letter to the Senate published on Wednesday.

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The newest generation of startups aiming to solve cross-border payments are focusing on stablecoins -- cryptocurrency coins often pegged to actual currencies or other commodities to help them keep ...

Well-known Nigerian politician, public servant and administrator Osita Chidoka is a sought-after voice on national issues. In ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Q: What is the Nigerian Naira worth against the Philippine Peso? A: One Nigerian Naira is worth 0.0376 Philippine Pesos today Q: Is the Nigerian Naira going up or down against the Philippine Peso?

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

The Central Bank of Nigeria has encouraged businesses to adopt export activities as a strategy to maximise opportunities presented by the weakened naira. This appeal was made by the Deputy ...