Currencies

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...

Nigeria’s exchange rate revenue plummeted by 73% in the first half of 2025, dropping to N589.45 billion from N2.199 trillion...

The Central Bank of Nigeria’s (CBN) decision to maintain the Monetary Policy Rate (MPR) at 27.50% is expected to sustain...

Gold prices have skyrocketed to unprecedented levels, exceeding $3,500 per ounce in 2025, defying traditional market dynamics. Despite expectations that...

The naira weakened slightly in the Nigerian Foreign Exchange Market (NFEM), falling to N1,537 per dollar from N1,536 per dollar...

The Nigerian Ports Authority (NPA) has reported the arrival of 1,350 vehicles at the Ports & Terminal Multipurpose Limited (PTML)...

The Nigerian naira closed weaker last week, depreciating by 0.14% to settle at 1,532.34/$ at the Nigerian Foreign Exchange Market...