
Naira Falls to N1,493/$ After CBN Eased Rates to 27%
The naira continued its downward trajectory on Tuesday, depreciating to N1,493.2 per dollar in the official market following the Central

The naira continued its downward trajectory on Tuesday, depreciating to N1,493.2 per dollar in the official market following the Central

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

The naira came under renewed pressure in the official foreign exchange market, driven by heightened demand for foreign currency, particularly

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 the key N1500 per dollar psychological barrier on Monday, closing at N1,495 per US dollar at the

The naira broke above the N1,500/$ support level, momentarily hitting N1,497/$ at the official exchange market. This reflects the naira’s

The Nigerian naira reached a six-month peak on Monday, trading at N1,506.84 per US dollar on the official foreign exchange

Nigeria’s naira reached a five-month peak at ₦1,514.86 per dollar last week, marking its strongest performance since March when it






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