Currencies

The Naira recorded its first depreciation in more than a week, closing at N1,469/$1 on Friday, October 3, 2025.  

Nigeria’s naira is the most overvalued currency in Africa according to a new report from Renaissance Capital Africa (Rencap).  

If you exchanged your Naira for USD in September 2024 and held it, the $1, when converted back to Naira,...

The naira settled at N1,455/$ at the Nigerian foreign exchange market, continuing the positive rally of the Nigerian currency against...

Nigeria’s broad money supply surged to N119.52 trillion in August 2025, marking a sharp increase from N117.4 trillion recorded in...

The Naira experienced its most stable trading period in months during September 2025, consistently staying below the N1,500 per dollar...

The local currency is projected to stabilize within the range of N1,450/$- N1,550/$, although there could be a negative swing...

Nigeria’s external reserves have surpassed the $42 billion mark, rising to $42.225 billion as of Thursday, September 25, 2025, the...

Data on the CBN website shows that the Naira opened the week at N1,491.49/$1 on Monday before slipping slightly to...

BUA Group Chairman Abdul Samad Rabiu has expressed optimism about Nigeria’s economic trajectory, projecting that the naira could strengthen to...