CBN extended its clearance for BDCs to purchase FX from authorized dealers in order to meet the demand of the retail sector ...

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

The value of Nigerian currency recorded a strong performance in January 2025 against the US dollar in the Nigerian Foreign ...

By Babajide Komolafe & Elizabeth Adegbesan The Naira yesterday appreciated further in the parallel market to N1,610 per ...

The five Naira note has undergone several transformations. Originally printed on paper – without the portrait of a Nigerian ...

The naira made a significant recovery in the parallel market, appreciating by N5 against the US dollar on Monday. It ...

Data from the FMDQ Security Exchange official forex trading platform revealed that the local currency gained N11.96. This ...

Nigeria's largest labour union has suspended a planned nationwide protest against a 50% hike in telecommunications tariffs and will negotiate with the government to resolve the dispute within two ...

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

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

The Financial Reporting Council (FRC) of Nigeria clarifies that the Country has not yet reached a state of hyperinflation, ...