The Central Bank of Nigeria (CBN) has harmonised the Customs FX rate with the current foreign exchange rate following the strengthening of the naira.

The Central Bank of Nigeria has finally harmonised the official FX rate for Customs duty with the prevailing market rates ...

Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the Nigeria macroeconomic environment. Sustaining these roles takes a lot of ...

The CBN under Olayemi Cardoso had rolled out a series of sweeping foreign exchange reforms aimed at stabilising the naira, enhancing transparency, and attracting foreign investment. Key among these ...

The naira continued its stable run on Thursday, appreciating against the dollar in the black market as confidence in the ...

Nigerian banks last week resumed international usage of naira debit cards, setting various spending limits as foreign exchange ...

The International Monetary Fund (IMF) has endorsed Nigeria’s recent financial sector reforms, particularly those led by the ...

Nigeria’s currency, the Naira, witnessed a mixed performance on Tuesday, appreciating in the parallel market while ...

The naira yesterday depreciated to N1,562 per dollar in the parallel market from N1,560 per dollar on Tuesday.