Naira
New exchange rate: Dollar falls in all markets as naira strengthens amid declining reserves
The naira's value improved in the foreign exchange market against the US dollar, closing the week positively, with the forex markets converging for the first time.
Experts advise Nigerians on what to do as Naira gains 9%, steadies across markets
Policymakers have been warned by Bismarck Rewane, CEO of Financial Derivatives Company, not to become reckless because of the naira's recent stability.
Naira gaining as CBN adjusts Customs exchange rate to clear goods at Nigeria’s ports
The Central Bank of Nigeria (CBN) has reduced the Customs Exchange rate for cargo clearance at Nigeria's ports following the appreciation of the naira.
CBN updates naira to dollar exchange rates as official, black markets converge
The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and unofficial foreign exchange markets.
CBN releases new data on money supply in Nigeria, defends ATM new charges from March 1
The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government borrowing is driving the sharp increase.
Dollar crashes again: Official, black market exchange rates now equal
For the first time since 2023, the official and unofficial foreign exchange rates are at par, giving credence to the CBN's recent policies to stabilize the market.
CBN retains interest rates at 27.5%, Nigerian banks release savings rates
The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.
Dollar falls in all markets as naira trades at new Rate, experts task FG to take action
The naira experienced an improved performance against the US dollar in all foreign exchange markets on Wednesday, February 19, 2025 compared to the previous day.
Rewane believes naira is undervalued as dollar crashes to new exchange rate in black market
Bismarck Rewane, chief executive officer of Financial Derivatives Company has reechoed the position of the CBN and also other financial experts on naira's value.
Naira
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