CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget
The naira recorded modest gains across official and parallel channels on Tuesday, January 7, 2026, continuing a cautious recovery trend
Nigeria’s economy is projected to expand by 4.3% in 2026. This is supported by higher crude oil production and stronger
Nigeria’s currency began 2026 with improved stability at the official window, supported by Central Bank reforms, stronger external reserves, and
Nigeria’s naira began the 2026 trading year with a modest but symbolically important gain at the official foreign exchange market,
Guaranty Trust Bank Limited (GTBank) has announced an exchange rate of ₦1,435 per US dollar for international transactions carried out
An investment professional has warned that foreign-exchange risk — rather than a lack of available capital — remains one of
Nigeria’s external reserves are projected to rise to $51.04 billion in 2026, up from an estimated $45.01 billion at end-2025,
China has set the renminbi at its strongest level against the US dollar in more than a year, signalling that
Global forecasters made bold bets on where the naira would settle in 2025. A few saw it coming. Many missed
Guaranty Trust Bank Ltd (GTBank) has set the foreign exchange rate for international payments on its Naira debit cards at
The Nigerian Foreign Exchange Market (NFEM/NAFEM) continued to trade the naira within the N1,450 to N1,455 per dollar range despite
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