Naira Gains on Declining Broad Money Supply (M3)
The naira appreciated against the US dollar, with the Central Bank of Nigeria (CBN) reporting a spot rate of N1,529.71
Jeremiah Ayegbusi
July 1, 2025
- May 9, 2026
The naira appreciated against the US dollar, with the Central Bank of Nigeria (CBN) reporting a spot rate of N1,529.71
The naira continued its bullish trend against the US dollar last week, closing at N1,539.23/$ in the official Nigerian Foreign
The Ghana Cedi (GHS) has been the best-performing currency in Africa and globally in 2025, posting the strongest gain against
The naira maintained its stability, closing at N1,549.2616 per U.S. dollar, nearly unchanged from its prior rate of N1,549.0368, according
The naira weakened slightly against the U.S. dollar on Monday, closing at ₦1,548.52 per dollar at the Central Bank of
The naira weakened marginally against the US dollar at the official foreign exchange market, closing at N1545.26/$1, down from N1544.62/$1.
In a decisive bid to bolster the Nigerian naira, the Central Bank of Nigeria (CBN) pumped $428 million into the
The naira has surged to N1539.7248 per US dollar on the Central Bank of Nigeria’s official foreign exchange platform. This
The Central Bank of Nigeria (CBN) has categorically dismissed reports claiming an extension of the Bureau De Change (BDC) recapitalisation
The naira appreciated to N1,565/$1 in the official market on Wednesday, marking a 0.8% gain from Tuesday’s rate of N1,579/$1,
The Nigerian Exchange (NGX) closed Thursday’s session on a negative note, with the All-Share Index (ASI) declining by 0.07% to
The Nigerian naira weakened to N1,583 per US dollar on Monday at the official market, down from N1,579 per dollar
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