Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January 21.Data from the Central Bank of Nigeria ...

The Lagos Chamber of Commerce and Industry has projected a reduction in interest rates in the coming months, as inflation shows signs of easing. Speaking at a press briefing for the chamber’s 2025 ...

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.