Naira Opens New Week Steady
The Nigerian naira opened the new trading week relatively steady on Monday, 7 September 2026, with the latest available official-market ...
Tag: Naira Exchange Rate
Tokunbo Car Prices Still High Two Months After Nigeria’s Import Levy Cut
Nigeria’s Tokunbo car market has yet to see a broad decline in vehicle prices nearly two months after the Federal ...
Naira Ends Week Stable as Official Rate Closes at ₦1,368/$
The naira closed out the trading week broadly stable, with the official market rate settling at ₦1,368.22 to the dollar ...
Naira Holds at N1,382/$ as Nigeria’s External Reserves Surpass $51 Billion
The Nigerian naira traded largely unchanged at N1,382.33 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, ...
Naira Falls to N1,381/$ Despite Nigeria’s FX Reserves Rising to $51.7bn
The naira extended its decline against the US dollar at Nigeria's official foreign exchange market during the week ended Friday, ...
Nigeria’s reserves have already reached around $50 billion and are approaching the CBN’s projected $51 billion year-end level
Nigeria’s gross external reserves rose to $50.886 billion as of June 16, 2026, placing the country within striking distance of ...
Nigeria Denies LPG Exports as Domestic Cooking Gas Prices Surge
A senior Nigerian government official has dismissed claims that locally produced Liquefied Petroleum Gas (LPG), commonly known as cooking gas, ...
Crude Oil Price Volatility Deepens Pressure on Nigeria’s Economy
Nigeria’s economy remains highly vulnerable to swings in global crude oil prices, underscoring the structural risks of Africa’s largest oil ...
CBN Unveils New Forex Manual to Boost FX Market Liquidity Framework
The Central Bank of Nigeria has unveiled a new foreign exchange manual designed to streamline operations in the country’s FX ...
PMS Pump Price in Nigeria Under Pressure as Crude Oil Prices Surge
The price of Premium Motor Spirit (PMS), commonly known as petrol, is facing renewed upward pressure in Nigeria as global ...
