Currencies

In 2025, Africa’s foreign exchange market was shaped by selective recoveries rather than broad-based strength, with Ghana’s cedi emerging as...

Economic analysts and Bureau De Change (BDC) operators say the naira could record stronger gains and improved stability in 2026,...

The naira recorded a mild depreciation at the official foreign exchange market in the second week of January 2025, closing...

The naira could strengthen to between N1,350 and N1,450 per dollar in 2026, driven by improving macroeconomic fundamentals and a...

Naira is expected to remain under pressure against the United States dollar in 2026, with outcomes ranging from moderate depreciation...

Nigeria’s cash economy remained dominant in 2025, as the bulk of currency in circulation continued to sit outside the formal...

Total dollar inflows into the Nigeria Foreign Exchange Market (NFEM) declined by 20.67% week on week to US$593.70 million, down...

Borrowing rates in Nigeria are projected to ease gradually over the next six months, supported by expectations of a stronger...

The naira weakened slightly to N1,431 per dollar at the official foreign exchange market on the first trading day of 2026,...

The Nigerian Naira ended 2025 at N1,429/$, gaining 7.4%. This is also the first annual gain following 13 years of...