A new CBN report shows that high bank charges posed a major challenge to businesses in 2024. Rising inflation has further ...

According to data from the Nigeria Inter-Bank Settlement sector, there were 311.65 million active accounts in the Nigerian ...

The dollar crashed sharply across FX markets in the last two days, after CBN launched the FX code in the Nigerian Foreign ...

Bureau De Change (BDC) operators have commenced discussions on mergers and acquisition in order to meet the recapitalisation ...

We verified several claims made by the former Nigerian aviation minister and prominent politician in a TV interview.

LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria Foreign Exchange (FX) Code wholeheartedly, cautioning that any ...

Ahead of the June 2025 deadline for Bureau de Change (BDCs) to meet up with a new capital base, President of the Association of Bureau De Change Operators of ...

A significant majority of Nigerian households and businesses believe that the current inflation rate is high. This is according to ...

Data from the FMDQ Security Exchange official forex trading platform revealed that the local currency gained N11.96. This ...

The value of instant electronic transactions consummated by financial institutions in Nigeria in 2024 hit an all time high of N1.078 quadrillion, signaling a ...

The naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the local ...