Tag: Foreign Exchange

Nigeria’s foreign exchange market remained under pressure last week, with the naira depreciating in the official window even as the ...

United Nigeria Airlines has called for stronger policy support and targeted interventions to help indigenous carriers navigate mounting operational challenges ...

Nigeria recorded a current account surplus of $4.98 billion, underscoring the pivotal role of crude oil exports in supporting the ...

Nigeria’s ambition to significantly boost domestic wheat production and reduce its dependence on costly imports has encountered a major setback, ...

Nigeria’s foreign reserves have reached their highest level in 17 years, signaling stronger confidence in the economy and reflecting the ...

The Nigerian naira weakened to N1,400 per U.S. dollar in the parallel market, highlighting persistent pressure on the country's foreign ...

Nigeria’s food and beverage imports declined to N1.39 trillion in the first quarter of 2026, signaling a shift in consumption ...

The Federal Government has unveiled a $1 billion funding initiative aimed at strengthening Nigeria’s export sector and helping businesses capitalize ...

Nigeria recorded a dramatic decline in petrol import spending during the first quarter of 2026, signaling a major shift in ...

Nigeria’s spending on petrol imports dropped dramatically in the first quarter of 2026, highlighting a major shift in the country’s ...