Naira Slides in Black Market, Appreciates at Official Window on Nov 3 The naira opened the month of November with a mixed performance against the U.S. dollar on Monday, November 3, recording a slight decline in the parallel market while appreciating at the Nigerian Foreign...

Tariff Isonu: When Government Becomes the Middleman of Monopoly By Oladapo Ojo In Yoruba, 'Isonu' means something that is wrong , morally off balance, but that people find hard to condemn openly. It’s the kind of wrongdoing that hides behind excuses, wrapped in official statements and...

Naira Closes October Strong with ₦15 Gain Across Markets on Oct 31 The naira ended October on a positive note, appreciating by ₦15.33 against the U.S. dollar on Friday, October 31, with gains recorded in both the parallel market and the Nigerian Foreign Exchange Market...

Naira Rebounds, Posts Fresh ₦20 Gain Across FX Markets The naira appreciated against the U.S. dollar on Thursday, October 30, recording gains in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at...

‎The Central Bank of Nigeria’s new draft guideline mandating all banks to refund customers for failed ATM and electronic transactions within 48 hours.

The naira appreciated against the U.S. dollar on Tuesday, October 28, recording gains in both the parallel market and at the Nigerian Foreign Exchange Market (NAFEM).