Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

The Central Bank of Nigeria (CBN) has introduced two new account types for Nigerians in the diaspora: the Non-Resident ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

An economic expert has projected that Nigeria's public debt will rise to N150 trillion by the end of the first quarter of ...

Faced with fluctuating oil prices, rising inflation, and currency devaluation ... By diversifying Nigeria’s trade settlement framework, these agreements can unlock new growth pathways and ...

A strong U.S. dollar under President Donald Trump's leadership poses a threat to the naira and foreign investments, analysts ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

The naira's value recorded a mixed performance against the United States dollar, British pound and also the Euro in the ...

Nigeria plans to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in ...

Forex trading, also known as foreign exchange trading, involves the buying and selling of currencies in the global market. It ...

Forex trading in Nigeria has evolved significantly over the last decade, becoming one of the most dynamic segments of the ...