IMF Says Naira Remains Undervalued by 25.6%, Urges Slower Reserve Build-Up
The International Monetary Fund (IMF) has assessed that the Nigerian naira is still undervalued by approximately 25.6%, even after notable ...
The International Monetary Fund (IMF) has assessed that the Nigerian naira is still undervalued by approximately 25.6%, even after notable ...
The Nigerian naira maintained stability against the US dollar in the official foreign exchange market on Thursday, closing at N1,380.11 ...
The Central Bank of Nigeria (CBN) has directed all commercial banks and financial institutions to immediately freeze the assets of ...
The Nigerian naira recorded a marginal decline against the US dollar at the official foreign exchange window on Tuesday, June ...
Global credit rating agency Fitch Ratings has cautioned that Nigeria’s planned $5 billion total return swap (TRS) financing arrangement could ...
Nigeria’s broad money supply (M3) expanded significantly to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy ...
Nigeria’s private sector credit grew to a new high of N81.04 trillion in May 2026, according to the latest data ...
The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating ...
The Naira came under mild pressure in the official foreign exchange market on Wednesday, closing at N1,361.5 per US dollar, ...
Nigeria posted a significantly stronger external position in the first quarter of 2026, with the current account recording a surplus ...
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