Naira Appreciation Archives

Naira records first weekly gain as FX liquidity improves

The naira recorded its first weekly gain of the year on Friday at the official foreign exchange market, appreciating by N7.68 as improved liquidity, supported by the Central Bank of Nigeria, strengthened market sentiment. The appreciation followed a rebound in dollar supply, which increased by 38 per cent month on month in December 2025, largely […]

aadelekepdnlimited-com
10th January 2026
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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 […]

aadelekepdnlimited-com
1st January 2026
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Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

Finance

Naira rises to N1,500.91/$ in official market, highest since March

The naira was on the rise during mid-week trading in the official market. The local currency maintained its upward trend, closing at N1,500.91 against the American dollar on the Nigerian Foreign Exchange Market. This was the highest level ever recorded since March 5 on the Nigerian foreign exchange market. The local currency dropped below the […]

aadelekepdnlimited-com
11th September 2025
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Banks dollar sale drops as naira falls to N1,479

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Nigeria’s external reserves hit $41.5bn amid naira gains

Nigeria’s external reserves have continued to accumulate, pushing the value of the naira to appreciate at both the official and parallel ends of the market. The Nigerian Foreign Exchange Market recorded an inflow of $2.8 billion in August. According to data by the Central Bank of Nigeria, gross reserves rose for the ninth consecutive week, […]

aadelekepdnlimited-com
9th September 2025
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52 Views

Nestlé ‘recovers all plastic’ placed on Nigerian market

Tinubu approves commercial oil exploration at Tongeji Island,

Seplat Energy appoints Tony Elumelu as non-executive director

Dangote, Indorama projects to position Nigeria as fertiliser

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CBN refund billions as 2025 customer complaints hit record

Tinubu approves incentives to fast-track Shell’s $5bn Bonga S’west

FG disburses N152bn to contractors amid ongoing payment protests

Nestlé ‘recovers all plastic’ placed on Nigerian market

Tag: Naira Appreciation

Naira records first weekly gain as FX liquidity improves

Naira ends 2025 stronger, gains over N100 against dollar

Naira rises to N1,500.91/$ in official market, highest since March

Nigeria’s external reserves hit $41.5bn amid naira gains

CBN refund billions as 2025 customer complaints hit.

Tinubu approves incentives to fast-track Shell’s $5bn Bonga.

FG disburses N152bn to contractors amid ongoing payment.

Nestlé ‘recovers all plastic’ placed on Nigerian market

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