Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the ...

The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

New economic outlook report by Kreston Pedabo has noted that oil sector vulnerabilities, inflation pressures and currency risks may ...

The prospect of the eco, a unified currency proposed for the 15 member states of the ECOWAS, has stirred excitement across ...

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...

Not too long ago, the idea that a country would adopt Bitcoin as part of its national strategy was met with skepticism if not ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...