As of Tuesday, April 15, 2025, the Nigerian naira depreciated against the U.S. dollar in the official foreign exchange market, closing at ₦1,604.00 per dollar, down from ₦1,599.00 the previous ...
The Central Bank of Nigeria (CBN) has introduced a new Foreign Exchange (FX) Code aimed at regulating the foreign exchange market and stabilizing the naira. The guidelines, designed for eligible ...
After crossing N1,500 in the official market, the dollar fell to N1,499.07 yesterday. It should be noted that the local currency reached an all-time low on Monday, exchanging at 1,534.39/$ ...
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