Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs
The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…
Nigeria’s Economic Future: NESG Unveils ‘Arc of the Possible’ Strategy Amidst Reform Challenges
The Nigerian Economic Summit Group (NESG) has launched its "Arc of the…
Africa Currency Marketplace: PAPSS to Revolutionize Cross-Border Trade
The Pan-African Payments and Settlement System (PAPSS) is set to launch "The…
Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates
A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…
Nigeria Economy on Upward Swing: Inflation Down, Optimism High
The Nigerian economy appears to be charting a course toward recovery, with…
Forex Speculation: CBN Tightens Grip on Bureau de Change Operators
The Central Bank of Nigeria (CBN) has taken a significant step to…
CBN Extends FX Sales to BDCs Until May 30th to Ease Retail Demand
The Central Bank of Nigeria (CBN) has extended the lifeline for Bureau…
Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
