Naira Strengthens, Gains ₦8.46 at Official Market
Lagos: The Naira on Monday appreciated further at the official foreign exchange market, closing at ₦1,357.76 to the U.S. dollar, a gain of ₦8.46 from the previous trading session, according…
Lagos: The Naira on Monday appreciated further at the official foreign exchange market, closing at ₦1,357.76 to the U.S. dollar, a gain of ₦8.46 from the previous trading session, according…
Lagos: Nigeria’s currency gained ground Friday, settling at N1,366.23 per dollar in the official market. According to data published on the Central Bank of Nigeria (CBN) website, the Naira gained…
Lagos: Mr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved liquidity, restored investor confidence and stabilised the Naira. He…
Abuja: President Bola Tinubu has approved the nomination of Mr Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation of the Senate. The appointment…
Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in…
Lagos: The naira strengthened further on Tuesday, closing at ₦1,351.02 per US dollar at the official foreign exchange window, as renewed momentum extended its recent streak of gains. Data released…
Lagos: The Central Bank of Nigeria (CBN) and leading economists have projected stronger economic growth and lower inflation for 2026, citing improved macroeconomic fundamentals and the impact of reforms. The…
Lagos: Nigeria’s equities market recorded gains on Tuesday after the Central Bank of Nigeria (CBN) held the Monetary Policy Rate steady at 27 per cent, signalling investor confidence despite tight…
Abuja: The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s headline lending rate, known as the Monetary Policy Rate (MPR), at 27 per…
Abuja: Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, has commended the Monetary Policy Department (MPD) of the apex bank for its pivotal role in driving the apex bank’s…