Exchange Rate & Currency

Dollar to Naira: Naira Stabilises at N1,515 at the Black Market

Dollar to Naira: Naira Stabilises at N1,515 at the Black Market

The Nigerian naira has recently demonstrated notable resilience against the U.S. dollar in both official and parallel foreign exchange markets.… Read More

5 months ago

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

5 months 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 months 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 months 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 months 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

5 months 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

5 months 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

6 months 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

6 months 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

6 months ago