News
8h
Legit.ng on MSNWhy the naira's value dropped in the FX market despite an increase in oil productionThe Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, as dollar demand rose in the FX market.
17h
The Punch on MSNCBN injects $4.1bn to defend naira as reserves declineApex bank’s support for naira soared by 215% in H1 The Central Bank of Nigeria injected a total of $4.1bn into the foreign ...
6h
Legit.ng on MSNBig Win for CBN as Naira to Dollar Exchange Rate in Official, Black Market Nears ConvergenceThe Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.
The naira recorded significant depreciation against the dollar at the official foreign exchange market on Wednesday, following the resumption of trading ...
Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives, says Nigeria's currency has stabilized. Rewane spoke during an ...
10d
Legit.ng on MSNSee the new exchange rate for the naira against the dollar in the FX marketsThe Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite ...
For investors, the 8 years under Buhari were a mixed bag. Trillions of naira gained, and billions of dollars lost.
The resumption of international transactions on naira cards has pitted the banks against financial technology (fintech) ...
The naira on Monday surged to a four-month high of N1,518.88 per dollar at the official foreign exchange (FX) market, driven ...
Naira Decouples from Oil Price Slump as Analysts Hail Currency’s Stability Despite Weaker Oil Prices
Bloomberg reports that the naira is showing signs of stability, decoupling from oil prices as reforms and investor confidence ...
Analysts at Optimum Global have projected that the naira will trade between N1,500 and N1,600 in the second half of ...
From two recessions to aggressive currency reforms and debt accumulation, Buhari’s presidency left behind a complex economic ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results