Nigeria’s external reserves have risen to $54.084 billion, their highest level since December 2008, strengthening the…
Tag: Naira
Atiku Vows To Strengthen Naira, Restore Targeted Subsidies
The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has pledged to strengthen the…
CBN Warns Businesses, Public Over Rejection Of N100 Notes
The Central Bank of Nigeria (CBN) has warned Nigerians, businesses and financial institutions against refusing to…
Naira Holds Firm Against Dollar After CBN Retains Interest Rate At 26.5%
The Naira maintained relative stability against the United States Dollar on Thursday at the Nigerian Foreign…
Naira Falls 2.48 Percent Amid Dollar Demand, Market Pressures
The Nigerian currency came under renewed pressure on Tuesday as the naira weakened by approximately 2.48…
Pound Trades Narrowly Against Naira As Official Market Stability Holds
The British Pound Sterling recorded mild volatility against the Nigerian Naira during early trading on Thursday,…
Naira Edges up at ₦1,455/$ as Market Gap Narrows
The naira picked up slightly on Friday, November 7, 2025, trading at ₦1,455 per US dollar…
Naira Steadies Against Dollar — Trades Around ₦1,466/$ as Forex Market Gains Momentum
Cynthia Ezegwu The Nigerian naira maintained its recent strength on Monday, trading around ₦1,466 to the…
BUA Chairman Predicts Naira to Strengthen to ₦1,300/$ by Year-End
Abdul Samad Rabiu, founder and chairman of BUA Group, has expressed optimism that the naira will…
Naira Falls to ₦1,560 in Black Market, Gains in Official Trading
The naira on Friday slipped further in the parallel market, trading at ₦1,560 per dollar compared…