Currencies

The naira ended January 2026 on a stronger footing in the official foreign exchange market, closing at N1,391 to the dollar,...

The Nigerian naira faces a new threat from Kevin Warsh, President Trump's nominee for chair of the US Federal Reserve.

The Naira recorded a week-on-week gain to close at N1,391/$ in the official foreign exchange market, supported by improved liquidity...

Nigeria’s currency, the naira, extended its rally in the foreign exchange market on Thursday, appreciating to about N1,385 per US dollar,...

The exchange rate between the Naira and dollar strengthened to N1,394/$1 in the official market on Wednesday, marking its strongest...

The Nigerian Naira continued to gain ground against the US dollar during the midweek trading session.

The Nigerian Naira exhibited various response patterns amid the U.S dollar's weakening in the global market.  

More than 94% of total cash in circulation remained outside Nigeria’s banking system in 2025, underscoring a paradox where cash usage...

Nigeria’s currency outside the banking system closed 2025 at a record high of N5.4 trillion, underscoring a sharp rise in...

Nigeria’s broad money supply (M3) surged to N124.4 trillion in December 2025, up from N122.95 trillion recorded in November.