Tag: naira

Nigeria’s external reserves have recorded a strong increase in 2026, gaining $7.09 billion since the beginning of the year as ...

Rising inflation, a weak naira and high interest rates are pushing Nigerian consumers and businesses toward a “pay-per-use” model, fuelling ...

Nigeria’s naira strengthened over the past week, closing at ₦1,346.49 per dollar at the Nigerian Foreign Exchange Market (NFEM), while ...

Dangote Sugar Refinery Plc, Nigeria’s largest sugar producer, raised 486 billion naira ($356 million) in a rights issue that was ...

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 ...