Tag: naira

The International Monetary Fund (IMF) has revealed that more Nigerians are turning to U.S. dollar-backed stablecoins and digital payment platforms ...

Nigeria’s inflation rate is expected to continue its downward trend in May 2026, according to a new forecast released by ...

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

The Nigerian naira remained relatively stable against the US dollar during the first half of the week, trading around N1,361 ...

Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...

Nigeria’s currency, the naira, recorded a slight decline against the United States dollar at the official foreign exchange market on ...

Nigeria recorded a strong increase in foreign exchange inflows in May 2026, with total inflows rising by 31 percent to ...

The Central Bank of Nigeria (CBN) is increasingly relying on regulatory reforms and market rules to strengthen stability in the ...

Nigeria spent approximately $2.34 billion on food imports in 2025, highlighting the country's continued reliance on foreign supplies despite years ...

The British pound sterling staged a modest recovery against major global currencies on Wednesday, while the Nigerian naira maintained relative ...