By Omobayo Azeez Indications are rife that by the end of this year, Naira, Nigeria’s local currency will be further devalued to

The Central Bank of Nigeria on Wednesday intensified its surveillance of the foreign exchange market, warning speculators, smugglers

Ecobank’s African markets website has gone live Monday to provide key facts for businesses and investors on the economies of

Nigeria’s foreign exchange reserves stood at $37.92 billion as of Dec. 22, up 10.1 percent from a month earlier, central bank data

The recent improvements in foreign currency liquidity at the Nigerian foreign exchange market have ironically affected volumes at the

The value of Nigeria’s local currency, the naira, could be a strong factor in Morgan Stanley Capital International’s (MSCI’s) index

The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the “Investors’ and

Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier Market Index rose to 7.9% from 6.5%, following the

Nigerian stocks hit a 23-month high on Monday, extending last week’s rally and helped by gains in cement, fuel retailing and

Tax payments in Angola can now be paid in foreign currency under the amended general tax law approved by lawmakers in a move to cope