According to a PwC and BusinessDay CEO roundtable, banks are beginning to reduce their interest rates on foreign currency ...

Dollar inflows into Nigeria through International Money Transfer Operators (IMTOs) has increased by 65 percent in the nine months of ...

An expert in the Nigerian financial service sector, Mr. Ugodre Obi-Chukwu has projected that the Nigerian economy is poised for growth in 2025 with inflation expected to drop below 30 per cent, paving ...

The naira posted mild gains in Nigeria's foreign exchange market while the U.S. dollar index dipped to its monthly lows.

Nigerian banks have re-kickstarted the sale of foreign exchange for Personal Travel Allowance and Business Travel (BTA) to ...

Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

The Central Bank of Nigeria (CBN) has reported a massive surge in foreign exchange remittances through international money transfer operators in 2024.

The Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin has revealed a significant 63.7% increase in international money transfer operator (IMTO) inflows for the first nine ...

The CBN launches the Nigerian FX Code promoting ethical conduct among authorized dealers to enhance market integrity and ...

THE Central Bank of Nigeria (CBN) has launched two new financial products, the Non-Resident Nigerian Ordinary Account (NRNOA) ...