Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …
International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …
The Zimbabwean dollar has depreciated once more against all major currencies for the third week, falling to ZWL$4712.16: US$1 from ZWL$4604.62: US$1 three weeks ago. On both the official and …
As exchange rate volatility continues to impact the economy, the Association of Bureau de Change Operators of Nigeria(ABCON) has called on the Central Bank of Nigeria (CBN) to democratize and …
The Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window. The local currency depreciated by 7.08 per cent against the N736.62 …
Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with …
Friday, 10th June 2022: The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window. Naira recorded a marginal gain against the …