News

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 CBN's $4.1bn foreign exchange intervention in H1 2025 aims to stabilize the naira, despite challenges like low oil revenues and investor caution.
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 Ugandan and Zambian currencies are expected to strengthen in the next week to Thursday, while Nigeria's and Ghana's could ...
The Nigeria Employers’ Consultative Association (NECA) said the country’s macroeconomic environment has remained extremely ..
A witness from the Economic and Financial Crimes Commission (EFCC) commenced his testimony on Thursday against the Managing Director/Chief Executive ...
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.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 16th July, below. You can swap your ...
For investors, the 8 years under Buhari were a mixed bag. Trillions of naira gained, and billions of dollars lost.
A "worrying trend" is unfolding, said the BBC. Young children are possibly being taken into the UK illegally, some from ...
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.