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Finance

Naira falls to ₦1,455 in parallel market Tuesday

The Naira on Tuesday depreciated to N1,455 per dollar in the parallel market from N1,440 per dollar on Monday. But the naira appreciated to N1,349.5 per dollar in the Nigerian Foreign Exchange Market. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to N1,349.5 per dollar […]

featured Finance

Naira strengthens to ₦1,355.73/$ Tuesday

The Naira continued its upward momentum in the early trading hours of Tuesday, February 10, 2026, strengthening further against the United States Dollar. The local currency’s positive performance in the official market highlights improved liquidity and the success of the Central Bank of Nigeria’s price-matching mechanisms. In the Nigerian Foreign Exchange Market, the Naira opened […]

Nigeria's external reserves rise to $36.89bn — CBN gov
featured Finance

Naira holds steady at ₦1,363.84/$ in official market

The Naira has continued to show resilience against the United States Dollar at the start of the second week of February 2026. Trading data from Monday morning confirms that the local currency is sustaining its recent pattern of stability. This steadiness is bolstered by ongoing policy measures from the Central Bank of Nigeria and solid […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira trades steady below ₦1,400 on official market

The Naira maintained its steady momentum against the United States Dollar as the first week of February 2026 drew to a close. Despite a slight intraday adjustment, the local currency has demonstrated significant resilience in the official window, underpinned by consistent Central Bank of Nigeria (CBN) interventions and a transparent electronic trading framework. In the […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira holds firm at ₦1,391/$ in official market

The Naira sustained its strong performance against the United States Dollar on the final trading day of January 2026. The local currency remained stable around the key 1,390 support level in the official market. This stability stemmed from ongoing liquidity interventions by the Central Bank of Nigeria and growing confidence among investors. In the Nigerian […]

featured Finance

Naira weakens to ₦1,421.63/$ amid persistent FX demand pressure

The naira closed the week on a weaker note across both official and parallel market segments, with analysts pointing to supply constraints and demand pressures in the foreign exchange market. At the Nigerian Autonomous Foreign Exchange Market, the local currency shed recent gains to settle at N1,421.63 to the dollar from N1,417.94/$ in the previous […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira closes week weaker at ₦1,421.9/$ amid supply constraints

The naira ended the trading week weaker at the official foreign exchange market, closing at ₦1,421.9 per United States dollar as domestic supply constraints continued to outweigh supportive global dollar conditions. Data from the Central Bank of Nigeria show that the local currency recorded marginal losses during the week despite a softer United States dollar […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira steady at ₦1,417/$ amid growth projections

The Naira recorded a stable performance in the early trading session on Tuesday, January 20, 2026, as the foreign exchange market responds to recent government forecasts of economic consolidation and a projected growth rate of 4.68 per cent for the year. In the Nigerian Foreign Exchange Market (NFEM), the Naira opened at 1,419.37 per dollar […]

Pound falls more than 1% after BoE move
Finance

Naira holds steady against dollar, pound

The Naira maintained a steady position against the United States Dollar in the early hours of Monday, January 19, 2026, as the market opened for the new week. This stability follows a period of consolidation in the foreign exchange market, supported by improved external reserves and recent monetary policy adjustments. At the Nigerian Foreign Exchange […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira holds steady amid pressure at FX market

The Naira remained largely stable but continued to face pressure against the United States Dollar at the mid-week opening of the foreign exchange market, reflecting ongoing volatility in the early weeks of 2026. Data obtained from the Nigerian Foreign Exchange Market and multiple parallel market locations nationwide indicate that the local currency is still adjusting […]

BDC operators reject amended CBN licensing guidelines
Finance

Naira steadies officially, weakens at parallel market

The naira began the second week of January 2026 on a mixed note against the United States dollar, as traders responded to shifting liquidity conditions across both official and informal foreign exchange markets. Currency market activity reflected cautious optimism, with participants closely observing supply availability and demand pressures as businesses gradually returned to full-scale operations […]

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