Currencies
Naira Edges Up in Official Market, Trading at N1,466/$ Amid Steady Inflows
The Nigerian Naira showed a modest recovery against the U.S. dollar on Tuesday, reaching N1,466 per dollar in the official...
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Nigeria’s Naira Surges Amid Central Bank Reforms and Rising Reserves
The Nigerian naira is experiencing a significant rebound, driven by a combination of robust economic reforms, growing foreign exchange reserves,...
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Naira Strengthens to N1,483/$ on Parallel Market Amid US Dollar Weakness
The Nigerian Naira kicked off the new month on a positive note, gaining ground against the US Dollar in the...
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CBN Warns Naira Abuse Drives Up Currency Printing Costs
The Central Bank of Nigeria (CBN) has expressed concern over the rising costs of printing and replacing naira banknotes due...
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CBN’s Upcoming MPC Meeting: Experts Predict Modest Rate Cut of 25–50 Basis Points
The Central Bank of Nigeria (CBN) is poised to convene its 302nd Monetary Policy Committee (MPC) meeting on September 22–23,...
Read moreNaira Reaches Five-Month High, Breaks Below N1,500/$ Mark
The Nigerian naira achieved a significant milestone on September 16, 2025, climbing to a five-month high of N1,497.5 against the...
Read moreNaira Strengthens to N1,497/$ as FX Inflows and Reserves Bolster Market Confidence
The Nigerian naira appreciated significantly on Monday, closing at N1,497.46/$ in the official market, a 0.27% gain from N1,501.49/$, marking...
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Naira Gains Strength as IMTOs Halt Remittance Diversion, Oil Firms Boost Dollar Supply
The naira has seen improved stability in recent weeks, driven by increased dollar supply from oil companies and a halt...
Read moreNaira Reaches Highest Level Since March, Breaking the N1,500/$ Barrier
The Nigerian naira has surged to its highest value against the U.S. dollar since March 2025, settling at N1,500.91 in...
Read moreNaira Strengthens to N1,527/$1 in Parallel Market, Best Since July 2025
The Nigerian naira recorded a notable recovery in the parallel market on Monday, appreciating to N1,527 per dollar, its strongest...
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