Naira

Nigeria has demanded a retribution of $10 billion from the world’s largest cryptocurrency centralized exchange, Binance for providing a peer to peer (P2P) platform for her citizens to buy and …

CBN uncovers $2.4bn fraudulent FX backlog claimsA massive sum of $2.4 billion out of Nigeria’s controversial foreign exchange backlogs has been found to be fraudulent and invalid for settlement. Governor …

The end to the helpless fall of the naira seems far as Nigeria’s currency fell to record low of N1,410 to $1 at the black market on Thursday. On the …

Credit ratings and research firm, Fitch Ratings Inc., has said the naira will continue to depreciate against the dollar as the increasing disparity between the official and parallel exchange rates …

President Bola Ahmed Tinubu on Friday in Abuja reassured Nigerians that no stone will be left unturned in his administration’s multifarious efforts to stimulate the economy and make it work …

Nigeria would need foreign exchange reserves of up to $60 billion to help the naira meet the dollar at N500, according to a policy document prepared for the government by …