Naira
CBN Vows to Purge FX Market, Anchor Economy on Stability
In a robust declaration, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,…
Dangote Refinery’s Dollar Sales Sparks Market Turmoil, Amidst Export Surge and Industrial Promise
The decision by Dangote Petroleum Refinery to transact in US dollars for…
Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief
In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…
Naira Depreciates by 1.2% as FX Concerns Grow
The Nigerian naira faced renewed pressure at the official foreign exchange window…
ICYMI: Nigerian Businesses Brace for 2025: High Interest Rates and Insecurity Loom Large
Businesses across Nigeria are projecting a challenging 2025, with high interest rates…
Naira Rises to 1530.25/$ at Official Window
At the end of trading on Wednesday, the Nigerian naira saw a…
Nigeria’s Forex Reserves Dip Amid Naira’s Strength, Raising Economic Concerns
Nigeria's foreign exchange reserves experienced a significant decline in February 2025, falling…
Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates
A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…