
Naira Strengthens in the Black Market – Records Highest Single Day Gain Against the Dollar
The Nigerian Naira has made notable gains against the US Dollar in the parallel (black) market. On Thursday, the currency

The Nigerian Naira has made notable gains against the US Dollar in the parallel (black) market. On Thursday, the currency

The International Monetary Fund reported that Nigeria’s GDP per capita fell to $835.49 in 2025 from $877.07 in 2024, a

The Central Bank of Nigeria has ramped up its efforts to stabilize the naira, but at what cost? Among its

The global financial landscape has been significantly impacted by threats and actual imposition of new tariffs by the United States

The U.S. dollar rose on Tuesday following the implementation of new U.S. tariffs on Chinese imports, which led to immediate

The Nigerian Naira (NGN) experienced a surprising rally in January 2025, moving from a rate of approximately 1670-1680 NGN/USD at

The cryptocurrency market witnessed an unprecedented event as over $2 billion in assets were liquidated in what has been recorded

In a significant policy shift, the Central Bank of Nigeria (CBN) has approved the inclusion of the CFA franc on

The Naira is showing signs of recovery and stability, with key improvements recorded in both the official and parallel markets.

The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has announced the completion of forensic verification

The U.S. dollar experienced a notable decline on January 24, 2025, following remarks from President Donald Trump suggesting a more

The Bode Agusto report on the Nigerian economy in 2025 provides a nuanced assessment of the critical role foreign exchange






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