Tag: Naira Stability

Nigeria’s foreign exchange reserves have climbed to $55.1 billion, their highest level in 18 years, strengthening the country’s ability to ...

Nigeria’s external reserves have risen to $53.11 billion, bringing the country close to the record level recorded in January 2009. ...

Nigerian commercial banks are increasing international spending limits on naira-denominated cards as improving dollar liquidity gives customers greater room to ...

Nigeria's gross external reserves climbed to $51.86 billion as of July 14, 2026, their highest level in more than 17 ...

Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move ...

Nigeria’s external reserves have posted a modest recovery in May 2026, signaling renewed but still fragile external stability amid shifting ...

The Centre for the Promotion of Private Enterprise (CPPE) has endorsed the decision by the Central Bank of Nigeria (CBN) ...

Nigeria’s foreign exchange market has long been shaped by uncertainty, limited liquidity, and growing pressure on the naira. Businesses struggled ...

For much of the past decade, the Nigerian Naira was a byword for volatility, a currency hedge funds shorted on ...

The Central Bank of Nigeria (CBN) is set to raise ₦700 billion through a Nigerian Treasury Bills (NTBs) auction scheduled ...