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

Naira records mild fluctuations across FX markets

The Naira began the second week of January 2026 amid sustained fluctuations across Nigeria’s foreign exchange markets, as traders and investors closely monitor ongoing liquidity injections by the Central Bank of Nigeria. At the Nigerian Foreign Exchange Market, NFEM, the local currency showed relative stability during early trading hours. Data obtained from the FMDQ Securities […]

featured Finance

Naira holds firm against dollar across FX markets

The Naira remained largely stable against the United States Dollar in the early trading hours of Tuesday, January 6, 2026, in both the official and informal foreign exchange markets, reflecting cautious optimism at the start of the trading week. Figures obtained from the Nigerian Foreign Exchange Market showed that the local currency began the week […]

featured Finance

Naira ends 2025 stronger, gains over N100 against dollar

The naira ended 2025 with a gain of more than N100 against the United States dollar across foreign exchange markets, supported by stronger external buffers, sustained policy reforms and improved liquidity conditions, as Nigeria’s external reserves expanded by 11.3 percent on a year-on-year basis. Figures from the Central Bank of Nigeria showed that the naira […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira holds steady across markets on Christmas eve

The Nigerian naira opened trading on Christmas Eve with mild fluctuations against the United States dollar across both the official and parallel exchange markets. According to Vanguard, data obtained on the morning of December 24, 2025, from the Nigerian Foreign Exchange Market and various Bureau De Change locations indicated that the local currency remained within […]

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

Naira holds firm against dollar across FX markets

The Naira remained relatively stable against the United States Dollar on Tuesday, December 23, 2025, as trading commenced across both the official and parallel foreign exchange markets. The steady performance of the local currency comes amid sustained efforts by the Central Bank of Nigeria to manage liquidity within the Nigerian Foreign Exchange Market. At the […]

featured Finance

Naira slides further to N1,466 as FX pressure persists

The naira closed the trading week on a weaker note at N1,466.5 to the dollar on Friday at the official foreign exchange market, extending the steady depreciation recorded throughout the week. Data published on the Central Bank of Nigeria’s website showed that the local currency weakened across five consecutive trading sessions, reflecting renewed pressure in […]

featured Finance

Naira fluctuates as official, parallel rates narrow

The Nigerian Naira continued to experience fluctuations against the United States Dollar as trading opened on Friday, December 19, 2025. Data from the Nigerian Foreign Exchange Market and various segments of the parallel market indicated a slight narrowing of the gap between official and unofficial exchange rates. At the Nigerian Foreign Exchange Market, the Naira […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira trades at 1,453/$ as year-end forex demand rises

The Naira maintained a steady yet cautious position against the United States Dollar today, December 18, 2025, as activity in both the official and parallel markets reflected the ongoing year-end demand for foreign exchange. In the Nigerian Foreign Exchange Market, the Naira opened the trading day at approximately 1,453.25 per dollar. This follows a closing […]

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

Naira trades at N1,453/$ in official FX market

The Naira trades at N1,453 per United States dollar and continues to experience significant activity across the various segments of the foreign exchange market today, Wednesday, December 17, 2025. Data from the Nigerian Foreign Exchange Market and the unofficial parallel market indicate a narrow but persistent gap between official and black-market rates as the year […]

Nigeria remains World Bank's third-largest debtor with $18.2bn IDA loans
Finance

Naira stable as official, parallel market rates converge

The Naira showed minimal movement against the United States Dollar on Monday, December 15, 2025, maintaining its position across both the official Nigerian Foreign Exchange Market and the parallel market. Data from the official trading window, the Nigerian Foreign Exchange Market, indicates the Naira traded at N1,448.68 per US Dollar early this morning. This rate […]

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

Naira-pound rate jumps in parallel market, depreciates officially

The exchange rate between the Nigerian Naira and the British Pound Sterling demonstrated a mixed performance on Monday, December 15, 2025, across the official and the parallel markets. In the official Nigerian Foreign Exchange Market, the Pound Sterling was trading at an average rate of ₦1,936.86 per Pound as the early trading hours concluded. This […]

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