The US dollar remains firm across major currency pairs as global markets continue to push back expectations for interest rate cuts to reinforce demand for dollar-denominated...
Nigeria’s gross external reserves increased from about $33.2 billion in January 2024 to $45.9 billion as of January 16, 2026, representing a net build-up of approximately...
The Nigerian Naira traded slightly stronger against the United States Dollar in the informal foreign exchange market on Tuesday as marginal improvements in dollar supply helped...
The Nigerian Naira opened the new trading week under sustained pressure against the United States Dollar in the informal foreign exchange market as demand remained elevated...
The Nigerian Naira extended its losses against the United States Dollar in the informal foreign exchange market on Friday as demand pressure intensified toward the end...
The Nigerian Naira came under renewed pressure against the United States Dollar in the informal foreign exchange market on Thursday as demand for foreign currency intensified...
Central Bank of Nigeria (CBN)’s sustained liquidity withdrawal measures have led to a marked deceleration in the pace of money supply across the financial system. The...
The Nigerian Naira traded slightly firmer against the United States Dollar in the informal foreign exchange market on Wednesday as improved dollar availability eased pressure from...
The Nigerian Naira continued to trade under moderate pressure in the informal foreign exchange market on Tuesday as January demand for foreign currency remained strong across...
The Nigerian Naira weakened slightly against the United States Dollar in the informal foreign exchange market on Monday as January business activity intensified across major commercial...