Economists have expressed concern that the Reserve Bank of Malawi’s (RBM) strict enforcement procedures will not ease the ...

The Central Bank of Nigeria (CBN) has introduced fresh measures mandating cash settlement limits and the swift return of unused foreign exchange to the market, as part of a broader framework allowing ...

The rupee depreciated 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by the strengthening of the American currency and a negative trend in domestic equities. Forex traders ...

The naira appreciated again against the US dollar, marking its third consecutive gain following CBN’s decision allowing BDCs ...

Rupee gains 38 paise, rising to 90.40 against the US dollar amid foreign fund inflows and RBI liquidity support.

The reforms in the foreign exchange (forex) market have significantly improved valuation transparency in companies and enabled more foreign investors to invest in the economy, President, Association ...

The Central Bank of Nigeria now allows licensed BDCs to buy dollars from authorised banks, aiming to boost retail supply and ...

Nigeria's foreign exchange market faces a widening gap between official and parallel rates, driven by rising dollar demand ahead of the 2027 elections.

Governor Dapo Abiodun of Ogun State has declared that Nigeria’s most damaging economic burden before May 2023 was not the petrol subsidy but the foreign exchange subsidy, arguing that it inflicted ...

The naira and Nigeria’s foreign reserves saw significant gains last week, as the Central Bank of Nigeria (CBN)’s policy measures continued to positively influence the forex markets. In addition to ...

Trump-linked World Liberty Financial said it plans to launch a forex platform called World Swap, built around its ...