A few themes shaped Nigeria’s corporate results in 2024 as dramatically as the naira’s relentless depreciation. Since mid-2023, the Central… Read More
Nigeria’s foreign reserves have been on a downward trajectory for 33 consecutive days. According to data compiled by Bloomberg, the… Read More
Nigerians seeking foreign exchange for international transactions can now breathe a sigh of relief as FirstBank announces the resumption of… Read More
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the bank’s commitment to strengthening economic ties between Nigeria and… Read More
In recent months, the Nigerian naira has shown signs of appreciation, trading at approximately ₦1,502.50 per dollar in the official… Read More
In an economy grappling with currency volatility and rising debt, Nigeria’s aggressive defense of the naira has been both bold… Read More
The Nigerian naira is showing unusual strength in the unofficial market this year. In early Tuesday trading in Nigeria’s business… Read More
Investment firm Comercio Partners projects that the naira could depreciate to approximately ₦1,700 per dollar by mid-2025, highlighting enduring structural… Read More
The Nigerian Naira has made notable gains against the US Dollar in the parallel (black) market. On Thursday, the currency… Read More
The Central Bank of Nigeria has ramped up its efforts to stabilize the naira, but at what cost? Among its… Read More