Money & Finance

Naira Continues to Depreciate: Official Rate Hits N1,520.40/$1, Parallel Market at N1,535/$1

The Naira faced a continued downturn yesterday, falling in value at both the official and parallel markets. At the Nigerian Autonomous Foreign Exchange Market (NAFEM)…

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CBN gives banks until January 31 for FX compliance reports

The Central Bank of Nigeria (CBN) has instructed participants in the foreign exchange market to submit compliance reports on their…

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