The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...

The naira on Wednesday appreciated to N1,590 per dollar, crossing the N1,600 psychological point in the black market.

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...

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

The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...

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

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

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

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

For the second day, the Nigerian currency, the naira slumped against the dollar at the official foreign exchange market on ...

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 ...