
₦1,397/$ Official but ₦1,480/$ Parallel — FX Spread Still Wide as Market Enters February
As Nigeria opened the first full trading week of February 2026, the official dollar-to-naira rate remained anchored around ₦1,396–₦1,398 per

As Nigeria opened the first full trading week of February 2026, the official dollar-to-naira rate remained anchored around ₦1,396–₦1,398 per

At its November 2025 meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria faced a question that

The naira weakened slightly at the official foreign exchange market on Monday, January 20, 2026, while remaining largely stable across

A viral social media post has crystallised the lived reality of inflation in Nigeria’s consumer economy, illustrating just how sharply

Nigeria’s currency began 2026 with improved stability at the official window, supported by Central Bank reforms, stronger external reserves, and

President Bola Tinubu has approved a significant internal reallocation of authority within Nigeria’s finance architecture, transferring several core responsibilities from

The Central Bank of Nigeria, CBN, and the Bank of Angola have signed a Memorandum of Understanding (MoU) aimed at

The naira continued its downward trajectory on Tuesday, depreciating to N1,493.2 per dollar in the official market following the Central

The naira appreciated against the US dollar, with the Central Bank of Nigeria (CBN) reporting a spot rate of N1,529.71

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, held a strategic meeting today with Central

The Central Bank of Nigeria (CBN) has issued a directive temporarily suspending the payment of dividends, bonuses, and foreign investments

Nigeria’s Letter of Credit (LC) transactions for international trade surged by 3.7% year-on-year in the first four months of 2025,






Get notified about new articles