The Central Bank of Nigeria has updated naira exchange rates against US dollar and other foreign currencies in the official ...

Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...

Naira stability faces some challenges stemming from large fiscal deficits, a mounting debt burden, and persistently high ...

Businesses anticipate Naira appreciation, projecting a 29% rise by mid-2025, driven by CBN forex reforms and market confidence.

The Naira continued its upward trend on Friday, appreciating to N1,660 per dollar in the parallel market, improving from ...

Nigeria's debt crisis is deepening, with the country's total debt stock surging to N142 trillion as of September 2024. This ...

The naira posted mild gains in Nigeria's foreign exchange market while the U.S. dollar index dipped to its monthly lows.

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

An expert in the Nigerian financial service sector, Mr. Ugodre Obi-Chukwu has projected that the Nigerian economy is poised for growth in 2025 with inflation expected to drop below 30 per cent, paving ...

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the remittances of the country is expected to double as the current value of the naira makes it competitive to attract ...