Currencies

The naira has maintained relative stability in recent weeks, driven by Nigeria’s currency swap agreement with China and the rise...

Nigeria’s naira has staged a remarkable recovery, gaining 15.28% to reach N1,525 per dollar by August 2025, up from a...

Nigerians are grappling with unexpected losses from failed Unstructured Supplementary Service Data (USSD) transactions, as banks and telecom operators shift...

The Central Bank of Nigeria (CBN) has launched a Customers’ Bill of Rights to enhance protections for over 66.23 million...

Nigeria’s foreign exchange reserves have surged to $41 billion, the highest level in 44 months, according to new data published...

The naira opened the week on a softer note, trading at N1,533.67 per dollar at the Nigerian Foreign Exchange Market...

The naira depreciated to N1,560/$1 in the parallel market by mid-August 2025, down from N1,540/$1 at July’s end, widening the...

The naira exhibited a mixed performance last week, with a slight 0.01% appreciation in the Nigerian Foreign Exchange Market (NFEM),...

Nigeria’s 2023 naira float triggered a steep currency devaluation, plummeting from N460/$1 in June 2023 to N1,535/$1 by December 2024,...

The Nigerian naira weakened to N1,565/$1 in the parallel market on July 31, 2025, reflecting heightened volatility amid rising demand...