The Real Effective Exchange Rate (REER) index – the weighted average of a country's currency relative to a basket of other major currencies – decreased to 100 in March, signalling stability in ...

The Central Bank of Nigeria (CBN) is taking strategic measures to support Nigerian businesses in enhancing their ...

When Taiwan came under KMT rule after communist rule started in China, there were severe balance of payments troubles, and ...

A Soyuz MS-26 spacecraft carrying Russian cosmonauts Alexey Ovchinin and Ivan Wagner and NASA astronaut Donald Pettit has ...

The ongoing US-China tariff tensions resemble 2019's trade war, causing market volatility and impacting global supply chains ...

Nigeria’s central bank governor Olayemi Cardoso has assured international investors that the Bank’s reforms are gradually ...

First, the release of the fourth and fifth tranches of the loan was tied to critical reforms under the Extended Credit ...

Overall, while the external sector conditions are expected to provide an anchor to exchange rate stability, key risks in the outlook including challenges in the energy sector will have to be ...

The exchange rate for the US dollar to the naira today is ₦1,600.7991, marking a slight decline of -0.432% compared to yesterday’s rate. Over the past week, the dollar has shown relative stability ...

To kick start its mission of marketing Nigeria to the rest of the world, the Central Bank of Nigeria (CBN) under Governor ...