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The 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.
Apex bank’s support for naira soared by 215% in H1 The Central Bank of Nigeria injected a total of $4.1bn into the foreign ...
The 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 ...
The 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 ...
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 ...