EFEMS automates trade matching, reduces speculation, and provides real-time price data, ensuring the Naira reflects its true ...

Again, the Nigerian naira has slumped massively against the dollar across parallel and official foreign exchange markets. At ...

Cardoso highlighted that an enabling policy environment had led to a doubling of monthly remittances from an average of $300m ...

The naira on Thursday fell sharply against the dollar by 3.5 percent in the parallel market, popularly called black market.

Just last week, the naira was trading at N1,500 per dollar in the unofficial market, but it’s since slipped to its current ...

The naira depreciated again in the Nigerian Foreign Exchange Market on Wednesday, March 5, 2025, trading t N1,505 per dollar ...

The value of the naira has crashed against the United States dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM ...

In 2023, the number of Nigerians living below the poverty line crossed the 100-million mark. Back in 2013, just 10 years ...

The Naira depreciated against the dollar at the black market and gained slightly at the official market to end on Tuesday in ...

To secure long-term growth, the government must resist the temptation to fight inflation by letting the naira strengthen ...

The Nigerian naira ended February 2025 on a positive note, gaining 8.5% month-on-month on the parallel market to close at ...

Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...