Tag: Exchange rate
Experts hail FG on increased external reserves
Lagos, Jan. 14, 2026 (NAN) An economist, Prof. Ken Ife says Nigeria’s growing external reserves are boosting the economy by strengthening the Naira, calming...
Naira further gains by 0.78% against Dollar at official market
The Naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a dollar.
Data from the FMDQ Security Exchange official forex trading...
CBN approves $20,000 for eligible BDCs at N1,580 exchange rate
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580...
CPPE urges CBN to address exchange rate volatility, peg customs duty...
The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimizes volatility...
One pound exchanges for N700, as Naira moves towards 500 per...
On Tuesday, the naira took a significant battering, falling to new lows against the British pound, Euro and U.S dollar in the black market.
Data...
Rising oil prices impacts Nigeria apex bank’s capital controls and Forex
Nigeria, Africa’s top oil producer and home to the second-largest reserves on the continent, is expected to benefit from the rise in oil prices...
