Sending $200 to Sub-Saharan Africa cost more in 2023. It went up from 7.4% in 2022 to 7.9% in 2023, says the World Bank.
The World Bank said this in their report about migration and development...
When the interest rates in the U.S. go up, it can make the U.S. dollar stronger. This can affect other countries' money, like the Nigerian naira, and make it weaker.
Recently, the rate for a 10-year government bond in the...
The Central Bank of Nigeria (CBN) has warned banks and money changers to accept old and small US dollar bills from customers.
This rule comes because many people have said that banks and money changers are not taking these kinds...
The Nigeria Customs Service (NCS) recently increased the exchange rate for import duties to N1508 for every dollar. This is the highest rate in the past three months. Back on March 21, 2024, the rate was N1,572 for every...
