Tag: Foreign Exchange

Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...

Nigeria’s currency, the naira, recorded a slight decline against the United States dollar at the official foreign exchange market on ...

Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move ...

The Central Bank of Nigeria (CBN) has announced a major increase in the amount of foreign exchange Nigerian students can ...

Nigeria recorded a strong increase in foreign exchange inflows in May 2026, with total inflows rising by 31 percent to ...

Nigeria recorded a decline in food import spending in 2025, with the country’s food import bill dropping to $2.34 billion ...

Nigeria imported refined petroleum products worth approximately £1.1 billion from the United Kingdom in 2025, underscoring the country's continued reliance ...

Nigeria spent less on importing food in 2025, according to new figures released by the Central Bank of Nigeria (CBN), ...

Nigeria spent approximately $2.34 billion on food imports in 2025, highlighting the country's continued reliance on foreign supplies despite years ...

Nigeria recorded a sharp rise in its trade surplus in January 2026 as stronger earnings from crude oil and petroleum ...