Currencies

Nigeria's currency maintained relative calm on Thursday, trading at approximately ₦1,440 against the U.S. dollar in the official Daily Nigerian...

Commercial banks in Nigeria significantly increased their deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility...

Nigeria’s financial markets faced a turbulent start to November 2025, with the naira and stock market experiencing significant declines following...

For years, October has spelled trouble for Nigeria's naira, with the currency reliably weakening amid seasonal pressures before rebounding by...

The naira displayed varied performance across foreign exchange markets last week, gaining 1.12% at the official market while slipping 0.49%...

The Nigerian naira has experienced a notable rally, bolstered by a surge in foreign exchange reserves to $43.05 billion and...

Nigeria’s evolving economic landscape, marked by declining inflation, a stronger naira, and shifting government policies, is creating new opportunities for...

The Nigerian Exchange Limited (NGX) continued its upward trajectory on Wednesday, with the equities market gaining N20 billion, pushing the...

The Nigerian naira extended its decline against the US dollar for the third consecutive day, settling at N1,473.29/$ at the...

Nigeria's naira currency marked a significant milestone last week, climbing 0.72%—equivalent to N10.5—to settle at N1,455.17 per U.S. dollar in...