Currency traders have attributed the recent depreciation of the naira to persistent liquidity challenges in the foreign exchange market, compounded by increased demand and weak seasonal...
Nigeria’s plan to begin taxing cryptocurrency transactions under the Nigeria Tax Administration Act (NTAA) from 2026 is generating unease among digital asset operators, who warn that...
The naira ended November slightly weaker, continuing the volatility that has characterised Nigeria’s foreign exchange market in recent months. The currency exchanged at ₦1,446.9 per dollar...
The Naira showed renewed strength at the official foreign exchange window, trading consistently below N1,450 per dollar throughout the week. This marked a significant improvement from...
