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).

Naira Gains in Black Market, Steady at Official Window on Oct 27 The naira opened the week with an appreciation against the U.S. dollar on Monday, October 27, gaining in the parallel market while maintaining stability at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in...

The Central Bank of Nigeria (CBN) has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country.

The shortfall indicates about $6.848 shortfall in oil revenue, the key component of budgetary funding.