Naira Appreciates to N1,520/$ at Black Market
The Nigerian naira is showing unusual strength in the unofficial market this year. In early Tuesday trading in Nigeria’s business
Jeremiah Ayegbusi February 11, 2025
- July 30, 2025
The Nigerian naira is showing unusual strength in the unofficial market this year. In early Tuesday trading in Nigeria’s business
Investment firm Comercio Partners projects that the naira could depreciate to approximately ₦1,700 per dollar by mid-2025, highlighting enduring structural
The Nigerian Naira has made notable gains against the US Dollar in the parallel (black) market. On Thursday, the currency
The Central Bank of Nigeria has ramped up its efforts to stabilize the naira, but at what cost? Among its
In a significant policy shift, the Central Bank of Nigeria (CBN) has approved the inclusion of the CFA franc on
The Naira is showing signs of recovery and stability, with key improvements recorded in both the official and parallel markets.
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has announced the completion of forensic verification
The Bode Agusto report on the Nigerian economy in 2025 provides a nuanced assessment of the critical role foreign exchange
After enduring a dramatic fall against the US dollar, Nigeria’s naira appears to be regaining its composure, trading within a
The Central Bank of Nigeria (CBN) has announced a significant policy shift, suspending the extension of export proceeds repatriation periods
Seplat Energy, the Nigerian oil company that recently acquired the local operations of ExxonMobil, has announced plans to double its
Nigeria’s pursuit of foreign exchange (FX) reforms has encountered a significant challenge as the gap between official and parallel market
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