The bilateral trade between Nigeria and China has dropped by N37.29bn to N100.83bn ($219m; $1/N460.40 exchange rate) in 2022 from N138.12bn in 2021. The Minister and...
The Nigeria Customs Service (NCS) says it does not determine the exchange rate, the Public Relations Officer of the service, Deputy Comptroller Timi Bomodi said in...
The Federal Airport Authority (FAAN) has attributed the recent increase in airfares to the increase in the cost of aviation fuel and the exchange rate. Mr...
Vice President Yemi Osinbajo on Monday said Nigeria’s official exchange rate is “artificially low”. He made the remark during a speech at the Midterm Ministerial Performance...
Nigerian currency depreciated further to $/N486 at the parallel foreign exchange market on Monday as the country continues to grapple with dollar scarcity. The parallel market...
The Association of Bureau de Change Operators of Nigeria (ABCON) has insisted that the new exchange rate for the BDCs to sell forex at N386 cannot...
The Naira remained unchanged against the Dollar across the different foreign exchange market segments on Monday. The Investors and Exporters (I&E) forex window opened at...
Barely 24 hours after the Naira was forced to a downward trajectory by dollar scarcity, it bounced back closing at N477 to a dollar at the...
