Tag: Naira

Nigeria’s Foreign Reserves Grow by $540m in Two Weeks, Hit $43.17bn

Nigeria’s external reserves have recorded a notable increase of $540.28 million in

Taiwo Adeola Taiwo Adeola

CBN Says Investor Confidence in Nigeria Rising as Reforms Take Hold

The Central Bank of Nigeria (CBN) says investor confidence in the economy

Abiodun Osubu Abiodun Osubu

Naira Strengthens to ₦1,480/$, Hits Seven-Month Peak

The Nigerian currency recorded its strongest performance in seven months on Friday,

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Naira Strengthens to ₦1,539/$ as Forex Inflows Surge to $5.96bn in May

Nigeria’s foreign exchange market recorded a significant upturn in May 2025, with

Oluwafisayo Olaoye Oluwafisayo Olaoye

Naira Strengthens Further, Gains N12.34 Against Dollar at Official Market

The Naira continued its upward trend on Thursday, closing at ₦1,553.11 per

Oluwafisayo Olaoye Oluwafisayo Olaoye

Naira Strengthens as Non-Bank Institutions and Exporters Drive 62% of Forex Supply

The naira recorded marginal gains on Monday across the official foreign exchange

Oluwafisayo Olaoye Oluwafisayo Olaoye

Naira down to N1,620/$ in parallel market

The naira yesterday depreciated to N1, 620 per dollar in the parallel

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Naira rises to N1,618/$ in parallel market

The naira yesterday appreciated to N1, 618 per dollar in the parallel

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Nigerian Jeweller Jailed for Rejecting Naira in Dollar-Only Sale

A Federal High Court in Ikoyi, Lagos, has sentenced businessman Uzondu Chimaobi

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Naira Nosedives: Official Rate Hits N1,600 Against the Dollar

The naira has taken a fresh hit in the official foreign exchange

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