Exchanging foreign currency, especially US dollars, can feel like a complex maze for many. Traditional banks often offer less favorable rates. Hidden charges can also eat into your hard-earned money. …
The U.S. dollar fell against all major global currencies on Monday as market optimism sparked by a strong American jobs report was quickly overtaken by investor caution ahead of high-stakes …
According to authorities, the government of Nigeria this week threatened to shut down domestic airlines over multi billion naira debt. The airlines owed the government N19 billion and $7.6 million …
The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …
Nigeria has recorded a $10.75bn foreign exchange inflow in two months. The Central Bank of Nigeria (CBN) revealed this in its monthly economic report on ‘Foreign exchange flows through the economy’. …