Currencies

The Nigerian currency showed a slight recovery in the unofficial market. The naira’s value marginally rose from N1,500 to N1,495/$...

The Nigerian naira experienced fresh pressure in the foreign exchange (FX) market last week despite the Central Bank of Nigeria's...

Nigeria’s deposit money banks (DMBs) flooded the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF) with deposits of N1.6...

Nigeria’s foreign exchange (FX) market has recorded a remarkable 56.4% increase in monthly turnover, rising to $8.6 billion in 2025...

The naira appreciated against the British pound as global currency markets remained volatile. The British pound ended Wednesday’s trading session...

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the Naira is now “more competitive” following months...

The Naira opened the week on a mild depreciation, trading at N1,467.01/$1 on Tuesday, slightly weaker than the N1,460/$1 it...

Standard Bank has projected that the Naira will close at N1,458.8/$1 by December 2025, and slightly weaker at N1,473.0 by...

The Naira closed the week stronger, appreciating to N1,458 per US dollar on Friday its best performance since 2024 as...

Bureau De Change Operators and industry experts have attributed the impressive showing of the Nigerian currency in September to a...