CBN defends naira against dollar with $197m intervention amid Trump’s tariffs
The Central Bank of Nigeria (CBN) defended the naira against the dollar by selling $197.71 million to authorised foreign exchange dealers in the country’s offic...
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Naira records significant appreciation against the dollar at the black market weekly
The Naira appreciated significantly against the dollar at the parallel foreign exchange market weekly from March 24 to 28, 2025. This comes as data from Bureau...
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Nigeria’s naira gains against dollar across official, black markets
Nigeria's currency, the naira, appreciated against the dollar across both official and parallel foreign exchange markets, ending the week on a positive note. Th...
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Naira records third consecutive depreciation against dollar
The Nigerian naira recorded its third consecutive depreciation against the dollar in the official foreign exchange market on Thursday. Data from the Central Ban...
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Naira appreciates against dollar at black market after Cardoso’s warning
The Naira appreciated against the dollar at the parallel foreign exchange market on Wednesday. A Bureau de Change operator in Wuse Zone 4, Abubakar Alhasan, sai...
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We must root out bad actors’ — Cardoso on Naira exchange rate against dollar
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank must sustain its fight against foreign exchange speculators to ensure Naira sta...
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Naira records massive depreciation against dollar weekly at official market
The Naira recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, 2025. Analysis of the Central Bank of Nigeria'...
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