The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a...
naira depreciation
admin October 6, 2022
The Egyptian pound recently became the latest currency from the African continent to see its value versus...
admin October 3, 2022
A surge in the demand for foreign exchange and the general scarcity of the resource may be...
admin September 28, 2022
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has...
admin August 25, 2022
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the...
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation 

2 min read
admin August 9, 2022
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid...
admin July 7, 2022
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira...
admin October 12, 2021
Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for...
admin July 28, 2021
The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign...