Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Thursday declared that the era of persistent naira ...

Olayemi Cardoso says reforms by the Central Bank of Nigeria have strengthened confidence in the naira, easing fears of ...

AMID rising tensions in the Middle East that have rattled global financial markets, Nigeria’s currency—the Naira—has emerged as an unexpected pillar of stability among frontier market currencies, ...

Debate on whether or not to devalue the naira continued on Thursday with Edo State Governor, Adams Oshiomhole, joining the discussion. The governor, who did not hide his disdain for a weaker naira, ...

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. Okorafor expressed dismay at speculative activities at the foreign exchange market from ...

He said Nigeria’s was a consumer economy, which needed to be stimulated into production to create jobs for the population. President Muhammadu Buhari says that he will not support the devaluation of ...

Zambia’s kwacha and Nigeria’s naira have emerged as Africa’s strongest-performing currencies so far in 2026, signalling a tentative improvement in macro stability across parts of the continent, a ...

When President Bola Ahmed Tinubu’s administration dismantled Nigeria’s rigid foreign exchange regime in 2024, critics were quick to call it a currency collapse. The naira plunged to N1,800 per dollar ...

ABUJA (Reuters) - President Muhammadu Buhari said on Friday he is yet to be convinced that Nigeria would benefit from a devaluation of the naira, despite its sharp fall against the dollar on the black ...