The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has awarded 10 Gas Distribution Licences (GDLs) ...

The Naira appreciated at the official market on Tuesday, trading at the N1,522.68 to a Dollar, according to data from the FMDQ Security Exchange official forex trading platform This represents a 0.7 ...

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

FMDQ data showed that the naira depreciated to N1,552.78/$1 on Tuesday, January 21, 2025, from N1,550.05/$1 recorded on Tuesday, January 20, 2025. This represents a loss of N2.37 against the dollar.

The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar at the close of trading on Monday, according to data by the Central Bank of Nigeria (CBN).

The Naira has appreciated against the dollar at the parallel foreign exchange market amid Donald Trump’s inauguration as the United States 47th president. Abubakar Alhasan, a Bureau de Change ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled a comprehensive strategy to tackle on-going commoditization of the naira, with the objective of reinstating its status ...

The relative stability of the naira in December and the introduction of the 150-day window import duty waiver on key staples by the federal government slowed imported food inflation to its lowest ...

The special adviser to the president on economic affairs (Office of the Vice President), Tope Fasua, has said that the weakening of the naira has reduced the number of Nigerians migrating from the ...

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

The Nigerian currency, the naira, maintained its week-long losing streak on Wednesday, January 15, 2025, falling by 0.09% in the Electronic Foreign Exchange Market System (EFEMS). The naira opened ...