Currencies

The naira began the week on a weaker footing, depreciating to N1,583/$1 on Monday at the official market.  

The naira ended the week on a strong note, appreciating to N1,579/$1 on Friday, May 23, 2025, at the official...

The naira weakened to N1,586/$1 in the official market on Thursday, marking the first depreciation since the Central Bank of...

The naira appreciated to N1,583/$1 at the official foreign exchange market on Wednesday, strengthening slightly from N1,588.5/$1 recorded on Tuesday,...

The naira appreciated to N1,625/$1 in the parallel market on Tuesday, up slightly from N1,627/$1 recorded on Monday, according to...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that volatility in the foreign exchange...

The naira appreciated marginally to N1,597/$1 on Monday at the official foreign exchange market, according to data published by the...

The naira ended the week on a stronger note, appreciating slightly against the U.S. dollar to close at N1,599.01/$1 in...

There has been a lot of anxiety in the sector recently as the fate of most of the licensed Bureau...

Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April...