The Naira recorded mixed sentiments against the dollar on Wednesday at the foreign exchange markets. The Central Bank of Nigeria data showed that the Naira depreciated to N1,338.11 on Wednesday, down ...

The Aliko Dangote, Chairman of the Dangote Group, has predicted a significant strengthening of the naira, saying the currency could reach N1,100 to a dollar this year. According to Channels TV, ...

Billionaire investor Femi Otedola has projected that the naira could strengthen to below N1,000 per dollar before the end of the year, citing Dangote Petroleum Refinery’s attainment of full capacity.

The naira sustained its appreciation trend at the Nigerian Foreign Exchange Market, closing at 1,351.02/dollar on Tuesday. This ongoing strengthening seen at the start of the month continued into the ...

The Nigerian Naira displayed continued strength in the early hours of Tuesday, February 10, 2026, as it gained additional ground against the United States Dollar. The local currency’s upward ...

The Naira recorded a massive appreciation against the United States dollar across official and parallel foreign exchange markets to end the week on an impressive note. The Central Bank of Nigeria’s ...

The naira on Friday depreciated to N1,495 per dollar in the parallel market, down from N1,490 per dollar on Thursday. Similarly, the local currency weakened in the Nigerian Foreign Exchange Market ...

The Nigerian currency bounced back on Tuesday, December 2, 2025, after a brief depreciation the previous day Data from the Nigerian Foreign Exchange Market (NFEM) shows that the naira hit N1,446.39 ...

RedotPay said users can convert cryptocurrency into Nigerian naira and receive funds directly in their local bank accounts within minutes. RedotPay has teamed up with Ripple to launch “Send Crypto, ...

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 ...

The Nigerian Naira (₦), once nearly at par with the US Dollar, has suffered severe depreciation over the decades. From ₦0.658 to $1 in 1972 to a whooping ₦1,609 to $1 in 2025, the journey of the Naira ...

Nigeria’s Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company ...