The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the ...

In recent months, the gap between official and parallel market exchange rates has narrowed considerably, thanks to the Central Bank of Nigeria’s (CBN) commitment to market-driven pricing of the naira.

The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...

Rice has fallen from record highs above 30,000 won per kilogram to around 21,500 won and held steady for nearly a month.

The Nigerian foreign exchange market opened this week with the Naira exhibiting mixed stability across both the official ...

The exchange rate between the Naira and the US Dollar remained relatively stable across both the official and parallel ...