Nigerian currency, the naira began the week on a positive note, appreciating by ₦10 against the US dollar on Monday, October ...
The Nigerian currency faced a renewed volatility, depreciating in the Nigerians Forein Exchange Market (NFEM) due to the ...
The Nigerian currency showed a slight recovery in the unofficial market. The naira’s value marginally rose from N1,500 to N1,495/$ ...
On Monday, October 13, 2025, the Nigerian currency suffered a setback against the dollar in the FX market, depreciating to N1 ...
Nigeria’s naira extended its losing streak to a fifth day, slipping to its weakest level since March despite central bank intervention amid seasonal demand for dollars and continuing investor ...
The Naira initially showed a 0.3 percent decline from the previous amount but it dipped even further as the demand for the Dollar increased. m monjola sotubo Follow The Nigerian Naira has fallen to a ...
Nigeria’s naira struck a fresh low against the dollar as businesses in the West African nation sought to reduce their exposure to the US currency amid expectations the local unit will continue to ...
The Central Bank of Nigeria (CBN) has left the Customs foreign exchange rate for cargo clearance unchanged following the ...
Beyond economic instability, African nations struggling with underperforming currencies confront a multitude of other difficulties. Nigeria and Kenya suffer their worst currency hits in over 20 years ...
The presidential candidate of the African Action Congress, in the 2023 general poll, Omoyele Sowore, has claimed that his prediction about the devaluation of naira in 2024 has come to pass.
Nigeria and Kenya have emulated Ghana and have now joined the growing trend of African central banks moving to buy gold to ...