FX
EconomyNews
Naira Shows Resilience in February 2025, as stability remains a mirage
The Nigerian naira ended February 2025 on a positive note, gaining 8.5% month-on-month on the parallel market to close at 1,490/$. However, on...
Finance
CBN Governor Cardoso Reveals Nigeria Lost ₦6.2 Trillion to FX Subsidy in 2022
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that the federal government lost approximately ₦6.2 trillion to foreign...
News
Nigeria Customs Adjusts Import Duty FX Rate to N1,530 per Dollar
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties to N1,530 per dollar. This adjustment represents a...
Finance
CBN Strategies Yield Positive Results, Fuel Rise in Nigeria’s FX Inflows
The Central Bank of Nigeria (CBN) has announced a significant increase in foreign exchange (FX) inflow into the country’s economy for the month...
FinanceTop stories
CBN discontinues sale of forex to Bureau de Change operators
The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of the sale of Foreign Exchange (forex) to Bureau de Change (BDC)...