The Nigerian currency, the naira has depreciated in the official window for the fourth day in February after CBN extended the ...

The Nigeria Customs Service (NCS) has begun enforcing a 4% charge on the Free On-Board (FOB) value of imports in ...

Compared with the past month, the naira has gained five percent, rising by N80 from N1,665 traded at the beginning of the ...

To ensure the proper functioning of domestic and foreign currency markets, clear, transparent, and harmonised rules governing ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

Nigeria's President Bola Tinubu has increased the size of the 2025 budget to 54.2 trillion naira ($36.4 billion) from 49 trillion naira, he said in a letter to the Senate published on Wednesday.

The exchange rate between the naira and the US dollar showed signs of stability mid-week, trading at N1,605/$1 in the ...

The apex bank on Tuesday, January 28, in Abuja, approved waivers on the 2025 annual license renewal fee for all existing BDC ...

Komolafe has said NUPRC would not favor any party, warning producers and refiners to meet obligations or lose export licenses.

The value of naira continued to appreciate at both the official and parallel ends of the market as the 30-days moving average ...

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...

The naira appreciated against the dollar at the parallel foreign exchange market to close Monday’s trading. A Bureau de ...