Renaissance Capital Africa has made bold comments on the performance of the naira against the United States dollar in ...

Monetary Policy Committee (MPC), has projected that the naira will secure positive exchange rate.

ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets, the bank said on ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to widely viewed Facebook posts sharing a fake statement posing as one from ...

NCAA has mandated all foreign airlines to enforce a $10,000 currency declaration requirement for passengers arriving in ...

The official size of Nigeria’s economy has jumped by around 30%, from $187.76 billion to $244 billion. That change has pushed the country’s GDP to 372.82 trillion in local currency (naira).

In the latest forex news, the Nigerian naira has faced notable volatility in recent weeks. At the official window, the naira depreciated by 1.25% week-on-week, settling at 1,536.89/$ as of Friday.

Bank of New York Mellon Corporation and Standard Bank Group Limited have launched global depositary notes (GDNs) backed by Nigeria’s local-currency sovereign bonds, expanding global access to ...

Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and purchases ...