The Nigerian National Petroleum Company (NNPC) Limited has terminated its naira-for-crude oil swap arrangement with domestic refineries, a decision that
The Nigerian naira has experienced a significant depreciation in the black market, reaching a rate of N1,550 per U.S. dollar
The Central Bank of Nigeria has ramped up its efforts to stabilize the naira, but at what cost? Among its
The Nigerian Naira (NGN) experienced a surprising rally in January 2025, moving from a rate of approximately 1670-1680 NGN/USD at
The Bode Agusto report on the Nigerian economy in 2025 provides a nuanced assessment of the critical role foreign exchange
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