This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...

The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current ...

Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the ...

Commercial banks are riding on telco platforms to rake in billions of naira from the increasing number of customers using ...

To analysts at Cordros Research, future MPC decisions will be primarily influenced by developments in the foreign exchange market and the inflation ...

The series of reforms that the Central Bank of Nigeria has implemented under the leadership of the Governor, Mr Olayemi ...

Last week saw data fairy tales, data mining and data voodoo. The much-awaited result of data rebasing was released with amusing results. The major highlight focused on inflation, which fell from 34.80 ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Q: What is the West African CFA Franc worth against the Nigerian Naira? A: One West African CFA Franc is worth 2.3965 Nigerian Naira today Q: Is the West African CFA Franc going up or down against ...