the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have reaffirmed their joint commitment to end the abuse of the Naira.

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.

The naira, on Monday, dropped to N1,612 per dollar at the official side of the foreign exchange (FX) market.

The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exchange Market (NFEM).

Cardoso: Restoring the Dignity of Naira with Painstaking Reforms, by Rahma Olamide Oladosu   The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, took the helm of affairs at a time the Naira was on a free fall. Despite his initial steps to arrest the downward...

Naira Strengthens Further, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets   The naira has strengthened consistently over the past three weeks, reflecting improved stability and confidence in Nigeria's foreign exchange market. Precisely, on the parallel market, some FX dealers in Lagos traded the naira at...