Nigeria’s external reserves climbed to $42.03 billion on September 19, 2025, marking the highest level since September 26, 2019 when
The naira weakened 0.05% against the US dollar on Monday, closing at ₦1,488.6017 per dollar at the official foreign exchange
For the first time in several years, Nigeria’s naira has not only stabilized but actually appreciated across both official and
The Nigerian Naira achieved its most consistent performance in recent years through targeted Central Bank of Nigeria (CBN) interventions, appreciating
Nigeria’s inflation slowed for the fifth straight month, dropping to 20.12% in August from 21.88% in July, according to the
The naira extended its gains on Tuesday, with the dollar quoted at ₦1,484.13 in the official foreign exchange (FX) market.
The naira broke above the N1,500/$ support level, momentarily hitting N1,497/$ at the official exchange market. This reflects the naira’s
Nigeria’s naira reached a five-month peak at ₦1,514.86 per dollar last week, marking its strongest performance since March when it
The US labor market delivered another concerning signal in August, adding just 22,000 jobs, significantly below economists’ expectations of 75,000
The Nigerian naira hit N1,526.09 per dollar in the official foreign exchange market on Monday. This represents a 0.4% gain
The Nigerian naira has maintained an unusual calm in the foreign exchange market, holding between ₦1,534 and ₦1,536 per dollar
Nigeria’s newly approved N70,000 minimum wage has been severely undermined by the sharp devaluation of the Naira, according to the
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