The naira posted mild gains in Nigeria's foreign exchange market while the U.S. dollar index dipped to its monthly lows.
Banks lower their interest rates on foreign currency (FX) deposits as the dollar supply improves. During an executive roundtable organized by PwC and BusinessDay on Thursday, Olusegun Alebiosu, the ...
Nigerian Economic Summit Group (NESG) has predicted a recovery of the naira and GDP, as well as a drop in inflation figures ...
The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...
The Naira extended its appreciation against the dollar at the foreign exchange market on Thursday. FMDQ data showed that the ...
Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...
The value of the naira has become more stable as the Central Bank of Nigeria (CBN) keeps intervening in the foreign exchange ...
The naira traded at N1,548.59 per dollar at the official window, experiencing a marginal drop of N3.99 from the previous ...
Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.
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