Tag: Foreign exchange market

President Bola Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update, saying his administration’s economic reforms are helping ...

Nigeria’s broad money supply increased to N129.21 trillion in May 2026, underscoring the continued expansion of liquidity across the economy ...

Nigeria’s gross external reserves rose to $50.886 billion as of June 16, 2026, placing the country within striking distance of ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has received international recognition for spearheading sweeping reforms in Nigeria’s ...

The International Monetary Fund (IMF) has commended Nigeria’s economic reforms over the past three years, stating that the measures have ...

The Central Bank of Nigeria (CBN) is increasingly relying on regulatory reforms and market rules to strengthen stability in the ...

The Central Bank of Nigeria has ruled out a return to large-scale intervention lending programmes, marking a decisive shift away ...

The recent sovereign credit rating upgrade by S&P Global underscores growing international confidence in Nigeria’s economic reform trajectory, according to ...

The Central Bank of Nigeria has unveiled a new foreign exchange manual designed to streamline operations in the country’s FX ...

Nigeria’s currency posted modest gains against the US dollar after weekly foreign exchange turnover climbed to $1.98 billion, underscoring improving ...