Nigeria’s foreign exchange reserves declined by $547 million within two weeks, falling from approximately $49.98 billion to $49.43 billion as sustained demand for dollars and continued market...
A noticeable transformation is unfolding across Africa’s financial landscape. What once appeared as fragmented participation in forex, equities, and cryptocurrency is consolidating into a more coordinated...
Nigeria’s net foreign-exchange reserves rose sharply to $34.8 billion at the end of 2025 as stronger external fundamentals and policy reforms introduced by Central Bank Governor...
Nigeria is on course to record its strongest capital importation performance in six years with foreign inflows projected to reach $23.3 billion in 2025. If achieved,...
Nigeria’s external reserves have declined for the first time in six months to put a pause to the steady build-up that had supported currency stability and...
The Central Bank of Nigeria has confirmed the revalidation of 82 Bureau-de-Change (BDC) operators as part of its ongoing overhaul of the foreign-exchange market and compliance...
Nigeria’s foreign exchange market experienced a contraction in supply as dollar inflows fell sharply to $2 billion. Market data reviewed by Investors King indicates that total...
Nigeria’s external reserves have climbed to $46.7 billion, the highest level in several years. The latest reserve build-up is being supported by robust foreign exchange inflows...
African currencies showed mixed performance in the past week with Nigeria’s naira expected to gain slightly while Ghana’s cedi and Zambia’s kwacha face renewed pressure. Kenya’s...
Nigeria’s naira is expected to edge higher against the U.S. dollar in the coming days, supported by dollar interventions from the Central Bank of Nigeria (CBN)...