Bitcoin Surges Past $80,000 as Investors Return to Crypto
Bitcoin has climbed above the $80,000 mark, reaching its highest level in more than three months as investors increased their ...
Tag: US Dollar
Naira-Dollar Gap Narrows to ₦40 as FX Turnover Rises
Nigeria’s naira-dollar exchange-rate gap narrowed to about ₦40 per dollar on August 14, as the local currency remained relatively stable ...
Naira Strengthens Against Dollar as FX Liquidity Lifts Official Market
The Nigerian naira strengthened against the US dollar in the official foreign exchange market in July 2026, supported by improved ...
Naira Falls to N1,381/$ Despite Nigeria’s FX Reserves Rising to $51.7bn
The naira extended its decline against the US dollar at Nigeria's official foreign exchange market during the week ended Friday, ...
Naira Holds Steady as Central Bank Defends Exchange Rate
The Nigerian naira remained relatively stable against the US dollar during the first half of the week, trading around N1,361 ...
Naira Gains N8 Against Dollar on Monday
The Nigerian Naira continued its upward trajectory on Monday, March 16, 2026, gaining further ground at the official market to ...
Yuan Gains Ground in Africa as Kenya and Zambia Diversify Currency Use
Several African countries are increasing their use of China’s currency, the yuan (renminbi), for official payments, trade and debt management ...
Ghana’s Cedi Records Historic Gain
For the first time since 1994, Ghana’s currency, the cedi, has posted an annual gain against the United States dollar, ...
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 ...
Nigeria’s Costly Gamble: High-Interest Debt Fuels Growth Fears and Fiscal Strain
As Nigeria’s sovereign debt balloons to a staggering ₦152 trillion (approximately $190 billion), the nation finds itself walking a fiscal ...
