Nigeria’s currency, the naira, posted a mixed performance on Tuesday, July 2, reflecting ongoing volatility in the foreign exchange landscape. In the parallel market, the naira...
In a welcome development for Nigerian consumers and businesses, three major commercial banks have reinstated international transaction capabilities on their naira-denominated debit cards, signaling a return...
Nigeria’s local currency, the naira, showed mixed signals across different foreign exchange markets on Tuesday, July 1, 2025, amid mounting concerns over currency stability and market...
In a positive move for Nigerian consumers, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as...
The Nigerian naira recorded a notable gain on the parallel market on Friday, closing at ₦1,590 to the US dollar—up from ₦1,610 the previous day. This...
The Nigerian Naira continued its bullish run on Thursday, appreciating to ₦1,553.11 per dollar at the official foreign exchange market, according to data from the Central...
In a significant leadership shift for Africa’s premier development finance institution, Sidi Ould Tah of Mauritania has been elected as the new President of the African...
The Nigerian naira saw a boost on Wednesday, appreciating against the US dollar across both the official and parallel (black) foreign exchange markets—a welcome development after...
The Central Bank of Nigeria (CBN) has decided to maintain its benchmark interest rate, keeping the Monetary Policy Rate (MPR) steady at 27.5 percent. This announcement...
The Nigerian Naira continued its positive momentum on Wednesday, appreciating further against the U.S. dollar in the official foreign exchange market. According to data from the...