Exchange Rate & Currency

Why Nigeria’s Inflation Rate Dropped to 24.48% After CPI Rebasing – And What It Really Means

Why Nigeria’s Inflation Rate Dropped to 24.48% After CPI Rebasing – And What It Really Means

Nigeria’s inflation rate has sharply declined from 34.80% in December 2024 to 24.48% in January 2025, according to new data… Read More

14 hours ago

Binance Tigran Gambaryan Alleges Nuhu Ribadu “wanted billions in payouts to fund his future political ambition”

In January 2024, the crypto world was rocked by an unexpected turn of events: Tigran Gambaryan, the Binance anti-money laundering… Read More

5 days ago

Six Signs That the Argentine Peso Is Appreciating Strongly

In 2024, the Argentine peso defied expectations by strengthening over 40% in real terms, making it the best-performing currency globally.… Read More

5 days ago

House of Representatives Pass Nigeria’s ₦54.99tn 2025 Budget

In a significant development for Nigeria’s fiscal future, the House of Representatives has passed the ₦54.99 trillion 2025 budget, marking… Read More

5 days ago

U.S. consumer prices increases by 0.5%, more than expected in January

U.S. consumer prices increased more than expected in January, the consumer price index (CPI) rose by 0.5% last month following… Read More

6 days ago

Indian Central Bank Sells $8 Billion in Two Days to Support the Rupee

The Reserve Bank of India (RBI) recently took a strong stance in the foreign exchange market, aggressively selling dollars to… Read More

7 days ago

Comercio Partners Projects Naira Drop to ₦1,700/$ as Policy Fragmentation Deepens Instability

Investment firm Comercio Partners projects that the naira could depreciate to approximately ₦1,700 per dollar by mid-2025, highlighting enduring structural… Read More

1 week ago

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… Read More

2 weeks ago

Nigeria’s GDP per capita fell to $835 in 2025 – IMF

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

2 weeks ago

Naira Stability and CBN Foreign Exchange Market Interventions: Is the CBN’s Benevolence Sustainable?

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

2 weeks ago