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Tag: N1

Naira

Business

Naira slides to N1,383/$ as external reserves dip further

The pressure on the naira reflects broader challenges in Nigeria’s FX market, including declining external reserves.
Naira

Business

FX: Naira rallies to N1,348/$ as dollar wobbles

The Nigerian naira has continued to gain strength against the US dollar after its recent rise. Earlier this month, the…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Business

Naira slips to N1,387/$ as Nigeria’s reserves fall below $50bn

The Central Bank of Nigeria expects reserves to rise to about $51 billion by the end of 2026 as part…