Nigeria’s naira is recovering from record lows hit this year, following interventions by its central bank through interest rate rises and the direct sale of dollars to foreign exchange bureaus. The ...

The Nigerian currency has weakened in official and parallel markets amid forex supply pressures, while rising external ...

Nigeria’s naira extended its losing streak to a fifth day, slipping to its weakest level since March despite central bank intervention amid seasonal demand for dollars and continuing investor ...

ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets, the bank said on ...

The Nigerian currency slightly strengthened against the US dollar in NAFEM on Tuesday but weakened against the euro and pound ...

The naira weakened slightly against the dollar but gained versus the pound and euro, as CBN data showed mixed official-market ...

ABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency ...