Tag: naira

For millions of Nigerians, the ₦50 and ₦100 notes were once familiar fixtures of everyday commerce, used for transport fares, ...

Nigeria’s headline inflation may be slowing, but the cost of food continues to rise, leaving ordinary Nigerians with less purchasing ...

Demand for foreign exchange in Nigeria dropped sharply in April 2026, giving the naira some breathing space and helping to ...

For Nigerians receiving money from relatives abroad, sending $500 home now works differently from before. Since May 1, 2026, the ...

Nigeria’s foreign exchange market is showing signs of increased stability as the naira continues to strengthen and the gap between ...

The Nigerian naira strengthened to about ₦1,350 per dollar at the official foreign exchange market on Monday, reaching its strongest ...

Nigeria’s economic reforms are producing clearer signs of macroeconomic stability, but the improvement in headline indicators has yet to translate ...

The Central Bank of Nigeria (CBN) significantly increased its foreign exchange (FX) sales in March 2026, supplying $953.41 million to ...

Nigeria’s naira-dollar exchange-rate gap narrowed to about ₦40 per dollar on August 14, as the local currency remained relatively stable ...

The Nigerian naira weakened modestly against the US dollar on Friday, August 14, but remained relatively stable as foreign-exchange trading ...