Tag: Foreign Exchange

The naira ended the week on Friday, October 16, 2026, almost unchanged at the official foreign exchange market, while the ...

For years, Nigerians paying for foreign services online had to work around a simple problem, naira cards often did not ...

Nigeria’s foreign exchange market is recording billions of dollars in weekly transactions, but the latest figures suggest that high turnover ...

The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s net usable foreign exchange reserves stood at just $859 million ...

Nigeria’s external reserves rose by $9.29 billion in the first nine months of 2026, climbing from $45.57 billion on January ...

The naira held around ₦1,330 to the dollar last week despite the Central Bank of Nigeria’s (CBN) 350-basis-point cut in ...

The naira strengthened across Nigeria’s official and parallel foreign exchange markets in the week ended Friday, September 25, 2026, as ...

Nigeria’s gross foreign exchange reserves rose to $55.25 billion as of September 18, 2026, the highest level in 18 years, ...

The Nigerian naira strengthened against the United States dollar in both the official and parallel foreign exchange markets on Monday, ...

For Nigerian traders who depend on imported goods, the exchange rate has become more than a figure on a financial ...