Currencies

On Thursday, May 23, 2025, the Nigerian naira weakened to N1,586/$1 in the official market, marking its first depreciation since...

Nigeria’s currency, the naira, recorded a slight gain on Monday, appreciating to ₦1,597 per US dollar at the official exchange...

The Nigerian naira showed modest improvement in the official foreign exchange market on Friday, closing at ₦1,599.01 to the U.S....

With global crude oil prices dipping below expectations, the Central Bank of Nigeria (CBN) has intensified efforts to diversify the...

The Nigerian naira remained under pressure in the parallel market, trading around N1,620.25/$ as demand for the U.S. dollar continued...

The Nigerian naira continued its downward trend on Wednesday, May 7, 2025, closing at N1,612 to the U.S. dollar in...

The Nigerian naira saw a modest boost on Monday, climbing to N1,600 per dollar in the parallel market, an improvement...

  The Central Bank of Nigeria (CBN) spent a staggering N315.18 billion on currency management in 2024, marking a 306%...

  The Central Bank of Nigeria (CBN) has reported a staggering increase in its currency management expenses, spending over N315...

The naira weakened further on Tuesday, April 29, 2025, closing at N1,602.02 per dollar at the official Nigerian Foreign Exchange...