Reggae singer-songwriter and three-time Grammy Award winner Sharon Marley, daughter of the legendary Bob and Rita Marley, released her highly anticipated new single Island yesterday, Friday, March 6, ...

The Naira weakened further at the end of the trading week, closing at N1,398 per dollar on Friday, as foreign exchange liquidity pressures persisted in the market. Data from the Central Bank of ...

The naira ended the week on a weaker note across segments of the foreign exchange (FX) market as renewed demand for dollars mounted, driven in part by global risk aversion following escalating ...

The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week. The local currency had appreciated ...

Chief Financial Officers and treasury managers across Nigeria are rethinking the strategy on their dollar stockpiles. For years, the corporate playbook used to be simple: hold dollars to avoid the ...

The naira last week experienced significant appreciation across markets. The rebound was driven by liquidity injections from the Central Bank of Nigeria (CBN) and fallout of improved domestic oil ...

The Nigerian Naira opened the new trading week with a slight gain against the US Dollar on Monday, February 23, 2026. Data from the Nigerian Foreign Exchange Market (NFEM) and informal trading desk ...

A viral claim circulating widely on WhatsApp, TikTok and other social media platforms suggests that Nigeria will abolish the naira and replace it with a regional currency called the “Eco” in 2027.

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade. A viral video making the rounds on WhatsApp and other social media ...

FCT, Abuja - A social media video claiming that Nigeria will scrap the naira in 2027 and replace it with a new regional currency called the “Eco” is false. The viral video was made by a social media ...

The Nigerian naira appreciated to N1,340 per dollar at the parallel section of the foreign exchange (FX) market on Friday. The value of the local currency rose by 1.12 percent — up from N1,355/$ ...