naira exchange rate

Nigeria inflation slows to 16.05 percent, sparking bond demand, but currency and market volatility leave investors navigating mixed economic signals.

Naira settles unchanged in black market, gains ₦11.77 at official forex market.

Nigeria’s naira shows stability trading between N1,476 and N1,485 against the dollar due to low dollar demand.

Amid a nationwide labor strike, Nigeria’s financial markets have taken a hard hit, losing N141 billion in just two days, exacerbating the economic challenges faced by Africa’s second-largest economy.

Following the Naira’s improvement, NERC has lowered electricity tariffs for Band A customers, promising reduced bills and consistent power supply.

Nigerians face persistently high prices despite the strengthening naira, urging government intervention for relief.

The Central Bank of Nigeria (CBN) reported a positive development in the country’s economic landscape. A statement released by the bank’s acting Director of Corporate Communications, Mrs. Sidi Ali, revealed …

According to Tope Fasua, the Special Adviser to the President on Economic Affairs, Nigeria’s foreign exchange market desperately needs structural reforms. He has proposed that the Central Bank of Nigeria …