The Nigerian money market is expected to experience a slight easing in interest rates this week, driven by anticipated inflows from maturing Treasury Bills (T-Bills) worth N130 billion. This liquidity ...

Nigeria’s currency, the naira, has recently become stronger, thanks to banks allowing customers to start using their naira debit cards for transactions.

Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting ...

The Nigerian stock market has recorded a positive performance helping investors make over N5 trillion after trading ...

My money-changing experience in Lagos reminded me of Argentina in late 2015, where the “blue market” rate for dollars was 14.5 pesos versus the official rate of 9.9 pesos to the dollar.

Nigeria's central bank has ended its distorted foreign exchange rate, a move the new government in Africa's biggest economy hopes will help woo investors and stabilize the local currency.

Nigeria: Money Market - Cutting Dollar Spending With Afrigo, ... The Nigerian market is vast, and the current participants have done so much in the last twelve years to transform the ecosystem.

On the teeming streets of Lagos, the Nigerian mega-city of 15 million people, the once omnipresent money-changers are going underground. They’ve become the latest target of authorities desperate ...

Money transfer company Transferwise has resumed remittances to Nigeria after a 17-month break, having confidence in the central bank's handling of the naira, its chief executive said on Friday.

LAGOS, Nigeria - Nigeria is one of the most connected countries in the world when it comes to receiving and sending money, according to The Western Union Company, a global leader in global payment ...

In Nigeria, a project is underway to bring forth the first digital currency for the African country. The central bank digital currency (CBDC) features a centralized distributed ledger technology ...

Nigeria’s association of money changers wants to coax its members into mergers to bolster their capacity to handle money sent from citizens living abroad and channel dollars to shops and small ...