Dollar–Naira Exchange Rate Update for May 1, 2026
The Nigerian naira traded mixed against the US dollar on Friday, May 1, 2026, as a persistent gap between the ...
Tag: Nigerian Naira
Naira Gains Despite Falling Inflows
In a surprising turn of events for Nigeria's financial sector, the naira demonstrated resilience and strength across all foreign exchange ...
Naira Struggles Amid Persistent Dollar Scarcity
The persistent chasm between Nigeria’s official and parallel foreign exchange markets deepened on December 16, 2025, as the local currency ...
BDC Operators on the Brink as CBN Dollar Drought Deepens Strain on Street Economy
Nigeria’s Bureau De Change operators say they are barely surviving after the Central Bank of Nigeria (CBN) halted dollar allocations ...
Nigeria’s Money Supply Climbs to N119.52trn in August as Liquidity Pressures Mount
Nigeria’s broad money supply rose to N119.52 trillion in August 2025, reflecting continued expansion in financial system liquidity despite inflationary ...
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