The Naira-Yuan currency swap deal between the federal government of Nigeria and the Chinese government seems to be strengthening the nation’s currency recently, as confirmed by some Chinese traders.
The Naira recorded the highest depreciation against the United States dollar on Wednesday at the official foreign exchange market this week. The Central Bank of Nigeria’s exchange rate data showed ...
Every October, Nigeria’s exchange rate tends to enter its storm season, a predictable cycle where the naira buckles under pressure before regaining composure towards the end of the year. The pattern ...
The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar. Data from the Central Bank of Nigeria (CBN) showed the Naira gained N5.16 compared ...
Nigeria’s naira has recorded a 9.16 per cent gain against the dollar in the last six months, strengthening from N1,605 to the dollar in April 2025 to N1,457.95 as of October 24, 2025, at the official ...
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05 per dollar in the Nigerian Foreign Exchange Market ...
The recent foreign exchange reforms of the Central Bank of Nigeria have been highlighted as being key to the stability of the naira, a development which analysts said has been helping in the exchange ...
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said the economic reforms introduced by his principal are restoring confidence in the naira both locally and ...
A new initiative by Sangeet Natak Akademi, in its annual award nomination process, has raised eyebrows in the world of performing arts. The notice urges artistes, who wish to get this prestigious ...
The naira continued to appreciate against the dollar at the official foreign exchange market on Wednesday, marking the third consecutive gain this week. This is according to the Central Bank of ...
The Central Bank of Nigeria (CBN) implemented the Clean Note Policy as a comprehensive framework to regulate the production, issuance, and circulation of banknotes. This policy was designed to ...
As the Nigerian Naira records its worst performance yet against the US dollar in weeks as US dollar liquidity in Nigeria plunges, bitcoin continues to rally ahead to within its All-Time High (ATH) ...