exchange rate

14 Articles
Economy

Nigerian Naira Gains Against Dollar as External Reserves Climb to $51.87 Billion

Nigeria's embattled currency recorded a rare victory on Wednesday as the Naira strengthened against the US dollar at the official foreign exchange market,...

Economy

Cardoso Reaffirms CBN Commitment to Orthodox Monetary Policy

The Governor of the Central Bank of Nigeria CBN Olayemi Cardoso has reaffirmed the apex bank’s commitment to orthodox monetary policy transparency and...

Economy

Naira Weakens Slightly Against Dollar at Official and Black Markets

The Nigerian naira recorded a slight depreciation against the United States dollar on Tuesday, May 19, 2026, across both the official Nigerian Foreign...

Economy

Majority of Nigerians Want Lower Interest Rates Ahead of CBN MPC Meeting

The Central Bank of Nigeria has revealed that 63.3 percent of Nigerians want interest rates reduced ahead of the upcoming Monetary Policy Committee...

Economy

Naira Appreciates to N1,388 Per Dollar in Parallel Market

The Nigerian naira recorded further appreciation against the United States dollar on Wednesday, strengthening in both the parallel market and the Nigerian Foreign...

Economy

Naira Trades Steady Against Dollar Amid Continued Forex Interventions

The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 11, 2026, across both the official...

Economy

Naira Opens April 2026 Trading Week with Relative Firmness Amid FX Market Pressure

The Nigerian currency, the Nigerian Naira, began the final trading week of April 2026 with mild firmness as foreign exchange markets continue adjusting...

Economy

Pound Sterling Opens Week Strong Against Naira Amid FX Market Pressure

The British currency, the British Pound Sterling, began the trading week on Monday, April 27, 2026, with heightened activity against the Nigerian currency...

Economy

Nigeria’s Net Domestic Assets Rise to N94.7 Trillion Amid Economic Pressures

Nigeria’s Net Domestic Assets increased significantly by 21.2 percent year on year to N94.742 trillion in February 2026, up from N78.177 trillion recorded...

Economy

Naira Gains Strength Against Dollar Amid Improved Forex Supply

The Nigerian Naira showed renewed strength against the United States Dollar in early trading on Thursday April 16 2026 supported by increased foreign...