A weakened Naira means a higher consumer price index and a rise in price of foodstuff. However, this hasn’t stopped the country’s currency from weakening further against the dollar, for instance. This ...

The naira ended the trading week weaker at the official foreign exchange market, closing at N1,421.9 per dollar as domestic ...

The Nigerian Naira maintained a stable trajectory against the United States Dollar during the mid-week trading session, reflecting the positive sentiment surrounding the Central Bank of Nigeria’s (CBN ...

(Bloomberg) -- Even by the standards of Nigeria’s byzantine foreign-exchange market, it’s been a crazy week for the naira. But as the dust settles, new measures are in place that could prove decisive ...

The U.S. dollar is on track for its worst week since June as unpredictable American policymaking continues to weigh on ...

According to reports, the digital currency platform has been sluggish as less than 0.5 per cent of Nigerians are using it after a year of its launch, despite discounts to encourage its adoption. But ...

The Dangote Petroleum Refinery has said the FG's Naira-for-Crude policy has significantly contributed to stabilising the ...

The recent foreign exchange reforms of the Central Bank of Nigeria have been highlighted as being key to the stability of the naira, a development which analysts said has been helping in the exchange ...

The removal of the naira by Binance from its P2P market comes amid claims by Nigerian authorities that the platform contributed to its devaluation. Update March 1, 1:15 UTC: This article has been ...