The Central Bank of Nigeria has revealed that the dollar improved agaist the naira in the Nigerian Foreign Exchange Market ...

The Nigerian currency, the naira, has slightly reversed its gains against the dollar, after a two-week surge in the official ...

Nigeria’s currency, the naira, has recently become stronger, thanks to banks allowing customers to start using their naira ...

The Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.

Nigeria's President Muhammadu Buhari has extended by 60 days the deadline for older currency notes to remain legal tender following violent protests over a shortage of cash. During a nationally ...

The Nigerian naira declined to a record low for the second time in about two weeks as the currency continues its wide swings in a bid to find a market level.

Nigeria's push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close across the ...

The Nigerian government's plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still unable to secure adequate ...

Nigerian inflation accelerated more than anticipated to a 28-year high, as the nation’s surging currency has yet to reflect on the cost of imported goods.

Nigerian President Muhammadu Buhari said Thursday that the country's redesigned currency would bolster the upcoming presidential election, appealing for an end to violent protests over a resulting ...

Currency reform in Nigeria is adding pressure to naira-earning startups that have recently raised foreign capital.

PHOTOS: Buhari unveils Nigeria’s new naira notes The old notes would still be valid until the 31st January, 2023, as stated by the CBN.