So far, dealers said that only Nigeria, the continent’s most populous nation, has intervened in the foreign currency market to support the naira, selling $657 million in recent weeks.

ABUJA, April 6 (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets ...

Through a tradition called "money marriage", some young girls are being used as currency in a type of modern slavery among southern Nigeria's Becheve community. Children are sold to men as old as ...

LAGOS (Reuters) - Nigeria's Dangote Oil Refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and ...

Africa50 Group, the pan-African infrastructure investor and asset manager, has announced a $40 million investment from South ...

Nigeria has suffered chronic dollar shortages that have forced authorities to devalue the naira as part of the government's measures to stabilise the currency and attract investment. Coupled with ...