Exchange Rate
Naira Experiences Slight Appreciation Against Dollar, Closing Trading Week at N1,534.72
In a positive turn of events for Nigeria’s currency market, the Naira…
Nigeria’s Money Supply Hits Record High Despite CBN’s Tightening Grip
In a striking paradox highlighting the complexities of Nigeria's economic landscape, the…
Nigeria’s Forex Inflows Dip Amidst Shifting Dynamics and Naira Stability
New data released by the Central Bank of Nigeria (CBN) reveals a…
Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens
Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…
Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief
In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…
Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates
A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…
Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
2025 Economic Outlook: Nigeria Economy Poised for 4.17% Growth in 2025, CBN Predicts
The Nigerian economy is on track for a robust 4.17% growth in…
Pastor Adeboye: Without Divine Intervention, Exchange Rate Could Have Reached ₦10,000 to $1
Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God…
CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has…