Nigeria’s currency posted gains against the dollar and other major currencies as foreign inflows and strong reserves boosted optimism about the naira outlook.

The naira has rebounded to N1,376.19 per dollar after depreciating for 15 consecutive trading sessions in the official FX market ...

Latest market action showed Naira was stable against the British pound in the Nigerian foreign exchange market amid increased demand ...

The Nigerian Naira displayed a resilient stance against the US Dollar during the early trading sessions of Wednesday, March 11, 2026.

Few economic variables capture Nigeria’s collective anxiety more than the naira’s exchange rate. Over the past three years, the currency has undergone one of the most turbulent episodes in its history ...

Several Nigerian banks had placed a temporary suspension on international transactions on ATMs and POS channels due to the effects of chronic FX scarcity. The development comes barely five years after ...

The Nigerian naira again appreciated against the United States (US) dollar, trading at the Nigerian Foreign Exchange Market (NFEM) rate of N1,371.5063 per dollar at the Central Bank of Nigeria (CBN) ...

Commercial banks have lifted over three years moratorium on the use of naira-funded debit cards abroad as dollar liquidity rises. A Tier-1 bank and mid-tier bank, United Bank for Africa (UBA) Plc and ...

Nigeria’s naira has reversed recent gains and is now the world’s worst performing currency in the last month, increasing pressure on the central bank to keep raising interest rates. The naira has ...

The Nigerian naira on Tuesday continued its free fall against the dollar across official and parallel foreign exchange markets on Tuesday amid inaction by ...

Reno Omokri, a controversial social critic, has advised Nigerians having dollars to exchange them for naira. According to him, the naira’s value is likely to rise much further after the Dangote ...