US dollar Archives

Dollar sinks further amid Trump’s tariff threats, policy uncertainty

The United States’ dollar struggled to bounce back on Wednesday following another selloff fuelled by President Donald Trump’s suggestion he was happy with the currency’s recent decline, while tech firms helped most equity markets extend their rally. According to AFP, traders are also keeping an eye on the Federal Reserve’s latest meeting, hoping for some […]

aadelekepdnlimited-com
28th January 2026
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671 Views

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

Finance

Dollar supply rebounds 38% amid CBN market intervention

Dollar supply in Nigeria rebounded by 38 per cent month on month in December 2025, as increased foreign exchange sales by the Central Bank of Nigeria helped support market liquidity, data from FMDQ showed. Total foreign exchange inflows into the FX market rose sharply by 38 per cent month on month to $2.8 billion in […]

aadelekepdnlimited-com
9th January 2026
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54 Views

Finance

CBN increases dollar sales to stabilize FX market

The Central Bank of Nigeria has increased its dollar sales to stabilize the foreign exchange market amid declining inflows from key sources. In August 2025, the CBN sold $574 million, a 76 per cent increase from $326 million in July. Total foreign exchange inflows into Nigeria’s market fell by 12 per cent month-on-month to $3.4 […]

aadelekepdnlimited-com
18th September 2025
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98 Views

Naira-for-crude policy still in effect, FG tells Dangote, others

The Federal Government has emphasized that its naira-for-crude initiative with local refineries is not a temporary solution but a strategic policy aimed at promoting sustainable domestic refining. The Nigerian government has confirmed that the naira-for-crude initiative remains in effect, overriding the decision made by the NNPC under former CEO Mele Kyari to terminate it. During […]

monwubukepdnlimited-com
9th April 2025
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118 Views

Banking featured

Naira falls at official rate despite dollar weak gains

The Naira lost value at the official exchange rate on Tuesday, after going up for four days in a row. This happened even though the United States dollar became weaker. On the other hand, the Naira stayed the same at the unofficial market, closing at N1,635 on Tuesday, the same as Monday. The Naira went […]

bfatoyepdnlimited-com
6th March 2024
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142 Views

Economy

Naira devaluation worsens Nigeria’s debt woes

Nigeria’s foreign debt has significantly increased as a result of the naira’s depreciation. NewsNowNigeria reported that, the depreciation of the Nigerian naira versus the US dollar has resulted in a N28 trillion increase in Nigeria’s external debt. Nigeria’s overall debt at the end of the third quarter of 2023 was N87.38 trillion, according to the […]

bfatoyepdnlimited-com
5th March 2024
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96 Views

Nigeria records $21bn capital inflows in 2025

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Tag: US dollar

Dollar sinks further amid Trump’s tariff threats, policy uncertainty

Dollar supply rebounds 38% amid CBN market intervention

CBN increases dollar sales to stabilize FX market

Naira-for-crude policy still in effect, FG tells Dangote, others

Naira falls at official rate despite dollar weak gains

Naira devaluation worsens Nigeria’s debt woes

Nigeria records $21bn capital inflows in 2025

WhatsApp accuses Russia of blocking app for indigenous.

US House rejects Trump’s tariffs on Canada despite.

Brazil orders X to halt Grok’s explicit image.

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