CBN Pulls N13.41 Trillion Out of Banking System in January 2026 as Tightening Bites
In a clear sign of aggressive monetary tightening to start the year, Nigeria's Central Bank (CBN) drained a massive N13.41 ...
Tag: Naira
Naira Rebounds Month-on-Month in February as Reserves Hit 13-Year High.
Naira staged a notable comeback in February 2026, strengthening by approximately 4.13% against the US dollar despite efforts by the ...
Naira Strengthens 4.31% in February Despite Late-Month CBN Intervention
Nigeria's naira posted a robust 4.31% appreciation against the US dollar in February 2026, defying Central Bank of Nigeria (CBN) ...
Naira Holds Near N1,400 Amid Middle East Tensions and Record Reserves
The Nigerian naira maintained relative stability in early March 2026, trading close to the N1,400 per US dollar level in ...
Naira Posts Strong Gains Across Forex Segments as Reserves Climb and BDC Access Boosts Liquidity
The Nigerian naira delivered a robust performance in the foreign exchange market during the week ending February 20, 2026, appreciating ...
Naira Gains Ground to N1,337 per Dollar in Official Market Amid Improved Liquidity.
The Nigerian naira posted a notable appreciation in the official foreign exchange window on Tuesday, February 17, 2026, closing at ...
Naira Opens February at N1,354.9/$ in Official Market , Strongest Level Since May 2024
The Nigerian naira kicked off February 2026 with a robust performance in the official foreign exchange market, closing Monday at ...
Larger Disparities Boom Between Black Market and Official Rates
The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed ...
Naira Surges to N1,358.91/$ in Official Market, Strongest Level in Nearly Two Years
The Nigerian naira delivered its strongest official-market performance in nearly two years on Tuesday, closing at N1,358.91 per US dollar ...
Naira Closes January at N1,386.55/$ in Official Market, Strongest Level in Nearly Two Years
The Nigerian naira ended January 2026 on a firm footing, closing the official foreign exchange market at N1,386.55 per US ...
