Nigeria’s foreign exchange demand for oil-sector imports increased sharply in 2025, rising by 114.91 per cent despite the expansion of domestic refining capacity. The development...
The Central Bank of Nigeria (CBN) has issued fresh foreign exchange guidelines allowing individuals to move up to $50,000 in cash when travelling, provided the...
Nigeria’s foreign exchange reserves recorded a notable recovery in May 2026, increasing by approximately $551 million within the first three weeks of the month, according...
