At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

The TUC said the fall in the country's currency against the dollar is the reason for Nigeria's high cost of living.

The value of the Nigerian naira continued to decline, reaching N1,500 per U.S. dollar in the official currency market on Thursday.

The average income per person in Nigeria has yet again reduced to $835.49 in 2025, further shrinking the living standards of the people, according to new data ...

The naira is heading for a convergence at both official, parallel windows as only N70 separate the Nigerian currency and the ...

The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...

The Naira sustained its positive momentum, appreciating to N1,595 per dollar in the parallel market on Tuesday, up from ...

The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...

The Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of more than one billion naira, Three Hundred and Ninety Two Thousand, Eight Hundred and Eighteen Dollars and £35,070 ...

Data from the FMDQ Security Exchange official forex trading platform revealed that the Naira lost N20.82. This represents a 1.4 per cent loss when compared to the previous trading day on Friday, Jan.