High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...
The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...
The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.
The Central Bank of Nigeria (CBN) has increased exchange rate to clear goods at the nations ports as Nigeria Customs begins ...
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
African banks are currently facing considerable pressure. Most currencies in the region have weakened against the US dollar, ...
The ECB has presented its digital currency - essentially an online wallet guaranteed by the central bank - in part as an electronic means of payment that does not rely on dominant U.S. providers such ...