Currencies

The naira fell against the U.S. dollar at both the official and parallel market on Tuesday after the local currency...

The structural issues facing the Nigerian economy have prevented the naira from benefiting from the US dollar's recent decline despite...

Nigeria's fx market has been under pressure recently, leading to a depreciation of the naira and concerns about economic stability.

The World Bank has said that cash transfers can help save Nigerians from intergenerational poverty traps as inflation and low...

The Nigerian naira further appreciated against the dollar on Monday, 20th November 2023, closing at N750.14/$1 at the official market.   

The latest data from the Central Bank of Nigeria (CBN) shows that the currency in circulation (CIC) has reached a...

The Nigerian naira appreciated massively against the dollar on Friday, 17th November 2023, closing at N791.75/$1 at the official market.  

The naira fell against the U.S. dollar at the official but gained marginally at the parallel market after the local...

The naira gained against the U.S. dollar in the official market and closed flat at the parallel market to halt...

The naira fell against the U.S. dollar at both the official and parallel market to sustain losses for the second...