Tag: Naira
Dangote declares Naira could hit ₦1,100 to Dollar before 2026 ends
He emphasized that Nigeria's heavy reliance on imports creates a challenging dynamic: a stronger naira could lower costs across the…
EFCC arrests trio for using ₦500 note as tissue paper
This arrest is part of the EFCC’s ongoing effort to enforce laws against mutilating the Naira. Recently, the
Naira may drop below ₦1,000/$1 before year-end — Otedola
The expansion will also include the production of 2.4 million tonnes of polypropylene and 400,000 metric tonnes of Linear Alkyl…
Naira dominates Dollar in stunning rebound
The Naira has been on a gradual upward trajectory in recent weeks, breaking below the psychologically significant N1,400 mark earlier…
Naira wobbles at Official Market, ends Week slightly down
Despite the marginal loss at the close of the week, the naira maintained relative stability, supported by recent foreign exchange…
Naira ends Week stronger, gains N10.43 against Dollar at Official Market
The naira ended the trading week on a positive note on Friday, strengthening further against the United States dollar at…
Naira stages Epic week-long surge crushing Dollar dominance again
This week-long winning streak comes amid widespread praise for the CBN's aggressive reforms, which have injected stability into the forex…
Naira maintains stability, edges higher against Dollar
The Nigerian naira kicked off the first full trading week of 2026 on a positive note, gaining ground against the…
What Naira did against Dollar today shocked Traders
The Nigerian naira opened the new year on a firm footing, appreciating by ₦4.90 against the U.S. dollar in the…
CBN Data: Naira rebounds after week of mild losses
Data released by the Central Bank of Nigeria (CBN) showed that the local currency closed at N1,454.41 to the dollar,…
Naira drops for second time this week
The depreciation on Wednesday also came after a brief moment of hope on Tuesday, when the Naira gained slightly against…
Naira depreciates again as CBN records 1.04% weekly decline
Despite the mixed performance, Nigeria’s foreign reserves continued to grow, reaching $43.32 billion as of November 6, 2025.
After volatile week, Naira ends stronger against U.S. Dollar
The week's performance painted a picture of erratic swings, underscoring the Naira's vulnerability to speculative pressures and external shocks like…
Markets in Turmoil: Trump’s ‘war’ remark sends naira, stocks crashing
Experts say Nigeria’s market stability now depends on how the government and the Central Bank manage the situation and restore…
Naira in massive gains against Dollar, hits eight-month high
The 1.07% gain or ₦15.23, against Tuesday's rate of ₦1,436.97 extends a five-day rally that has shaved nearly 2.2% off…