African nations aren’t rushing to prop up their local currencies and tap their limited foreign-exchange reserves, even as US ...

The naira depreciated against the dollar at both parallel and official foreign exchange markets on Wednesday, for the first ...

The Nigerian currency showed weakness during midweek trading at the unofficial market, despite improved fundamentals in the country’s official market.

The Nigerian currency, the Naira, strengthened to ₦1,618 per dollar in the parallel market on Tuesday, up from ₦1,620 per ...

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The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the ...

The naira closed flat on Tuesday at the official foreign exchange (FX) market following an improvement in liquidity.

The Central Bank of Nigeria (CBN) has injected an additional $150 million into the foreign exchange market as the naira ...

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.

The Nigerian currency posted marginal gains in the country’s foreign exchange market, while the U.S. Dollar Index fell to its ...

Nigeria's FX market reforms, including CBN policies, are stabilizing the naira and boosting reserves, impacting citizens and ...

Under the 'naira-for-crude, naira-for-products' transaction arrangement, the Nigerian National Petroleum Company (NNPCL) ...