The country spent $160m from its foreign exchange on food importation in January according to figures obtained from…

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) on Wednesday intercepted 42 drums of…

The aspiration of growing the economy at a double-digit rate may remain a mirage unless electricity output…

Optimism over China’s economy is fueling some alternative bets in the foreign-exchange market. Buy the yuan…

The House of Representatives has resolved to investigate the delay in the review of the agreements signed by the…

Dollar deposit by Nigerians in banks has exceeded the 30 per cent threshold approved by International Monetary Fund…

Britain’s government borrowed 303.1 billion pounds ($420.1 billion) in the financial year which ended last month,…

Australian one hundred dollar and fifty dollar banknotes are arranged for a photograph in Sydney, Australia, on…

The Lagos Chamber of Commerce and Industry has expressed concern over the state of the country’s seaports, saying…

The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on Wednesday and the Toronto…

Nigerians have been accumulating foreign currencies to protect their wealth from naira volatility and surging…

Used car prices in the U.S. are soaring. The Manheim U.S. Used Vehicle Value Index, a gauge of pricing trends,…

Bureaux De Change (BDC) operators in Nigeria have asked the Central Bank of Nigeria (CBN) to review the transaction…

Nigeria’s plans to expand restrictions on dollar access for imports to now also include sugar and wheat could…

Lagos — The information and communications technology (ICT) sector has in recent times been a major player in…

Deposit Money Banks (DMBs) and other authorised foreign exchange (forex) dealers rejecting old/lower denominations…

The Nigerian Shippers’ Council (NSC) says it hopes to achieve 80 per cent automation of the entire seaport…

The British Pound to Dollar (GBP/USD) is forecast at 1.4500 for June 2021 and 1.50 for December. Foreign…

The country’s external reserves returned to a growth path as it gained $409m in two weeks, latest figures…

The dollar languished on Wednesday, hovering just above a seven-week low with subdued U.S. bond yields reducing the…

"CPI isn't a story that will be driving sterling in the short term", said Jeremy Stretch, a foreign exchange…

The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was…

China’s yuan is overvalued, and that could end up stoking global inflation. The yuan ranks as the most…

Euro-to Pound (EUR/GBP) losses during the first quarter of 2021 were driven by the UK vaccine programme, but HSBC…

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)…

Nigeria's March 2021 inflation rate of 18.17% has riled analysts as the economy gets caught in deep undercurrents.…

The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged the Central Bank of Nigeria (CBN) to…

The exchange rate of the Naira against the United States Dollar at the Investors and Exporters (I&E) window of…

The Canadian dollar strengthened to a one-month high against its U.S. counterpart on Monday, as the greenback…

Overview: The selling pressure on the greenback, evident last week, despite a series of stronger than expected…