News

MTN Nigeria posted a profit after tax of N133.7 billion in the first quarter of 2025, rebounding from a loss of N392.7bn in ...
To have a monthly quick review, we see that the US Dollar rate started April at ₦1,531.2451 on Wednesday, April 02, 2025. As of today, with USD seen at ₦1,599.9384, we see a 4.49% increase for Dollar ...
The naira on Tuesday closed flat at the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) recorded ...
The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked by fluctuations. This recovery follows a period of instability, with the local ...
The naira climbed to its highest against the dollar in two weeks after the Central Bank of Nigeria (CBN) reported a net forex reserve increase of $23.11 billion, the highest in three years.
The Nigerian naira maintained stability at the official exchange window on Wednesday, closing at N1,602/$1, the same rate recorded on ...
While the official market appreciated, the naira declined on the parallel market, closing at 1,599.94/$ on Thursday after ...
The Nigerian currency varied between N2,100 and N2,180/£ in April as a result of increased buying pressure on the British ...
As a result of these policies, improved foreign exchange liquidity and reduced volatility have led to a more stable naira so ...
The exchange rate between the naira and the US dollar depreciated to N1,596/$1 at the official Nigerian Foreign Exchange Market ...
The naira yesterday depreciated to N1,620 ... told Vanguard that there had been a continuous increase in demand for the dollar, which intensified yesterday. “There has been increasing demand ...