Nigeria’s naira currency has seen a recent decline against major currencies like the dollar, plummeting from $1 to N1,500 in the parallel market. Despite this,...
The Central Bank of Nigeria (CBN) has issued a directive mandating Deposit Money Banks (DMBs) to divest themselves of excess dollar holdings by the latest deadline...
The dollar was largely higher Tuesday as Joe Biden confirmed his bid to run for re-election as US president next year. The announcement comes with the...