Central Bank of Nigeria Sells Over $300 Million to Banks as Naira Strengthens
In a concerted effort to stabilize the naira-dollar exchange rate, the Central…
Naira Hits Record Low at Official Market, Raises Economic Concerns
Nigeria's currency, the naira, experienced a significant decline, reaching a historic low…
Currency Market Uncertainty Prevails as External Reserves Surge
This week, the currency market is shrouded in uncertainty as analysts weigh…
Naira Strengthens to N1,440/$ Following CBN’s Forex Policy Adjustment
In a notable development, the Nigerian naira saw an appreciation on Friday,…
Nigeria Central Bank Targets 21% Inflation, Prioritizes Naira Support
Governor Olayemi Cardoso announced on Wednesday that the Central Bank of Nigeria…
Nigeria’s Naira Hits Record Low on Official Market
The Nigerian naira experienced on Thursday a noteworthy depreciation, reaching a historic…
Nigerian Naira Hits 999 per Dollar on Official Market
The Nigerian naira reached an unprecedented low of 999 per US dollar…
Nigeria: Naira, the National Currency in Turmoil
President Bola Tinubu's economic reforms have struggled to yield results, even five…
Pound Sterling Hits N1000 Exchange Rate Against Naira on Black Market
The British Pound Sterling has maintained a steady exchange rate of over…
Naira Dips: Nigeria’s Central Bank Embraces Mild Weakening, Setting New Records
The Central Bank of Nigeria recently authorized a moderate devaluation of the…