CBN Slashes Ways and Means Lending by Nearly 90 Percent
Olayemi Cardoso has announced a sharp reduction in the Central Bank of Nigeria’s financing to the federal government, cutting “ways ...
Tag: Exchange Rate
Naira Slides to N1,388/$ as Reserves Decline Exposes External Sector Vulnerabilities
The naira came under renewed pressure on Monday, weakening sharply across foreign exchange markets as declining external reserves and rising ...
Naira Gains N8 Against Dollar on Monday
The Nigerian Naira continued its upward trajectory on Monday, March 16, 2026, gaining further ground at the official market to ...
Ghana’s Projected Cedi Stability Signals Broader West African Currency Realignment Efforts
Databank Research's forecast of a modest 7.2 per cent depreciation for the Ghana Cedi in 2026—projecting a year-end rate of ...
Naira Hits N1,390 on Black Market as Gap Closes 2.5%
The Nigerian Naira strengthened sharply on Monday, February 16, 2026, reaching N1,390 per dollar gaining N30 from N1,420 quoted on ...
Naira Struggles as Parallel Market Dollar Rate Surges
On Thursday, January 22, 2026, the Nigerian naira continued its precarious dance with the US dollar, reflecting persistent volatility in ...
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