The Daily Intelligence

Get Nigeria's most vital economic and political news delivered to your inbox every morning.

Trusted by Nigeria's leading professionals.

Forex

Naira Climbs to N1,421.73 as Week Ends on Positive Note

By Grace Alegba Lagos, Oct. 31, 2025 (NAN) – The Naira extended its gains on Friday, closing the week stronger at N1,421.73 to the U.S....

Naira May Be Devalued Post-2027 Elections, ICAN Warns

ICAN President Chidi Ajaegbu warns that Nigeria’s naira could face devaluation after the 2027 elections if excessive borrowing continues. He called for increased capital market participation and strengthened judiciary to secure investments.

Naira Trades Steady: ₦1,468/$1 on Official Market, Parallel Rates Slightly Higher

The naira maintained a narrow trading band across official and parallel foreign exchange markets on Wednesday, reflecting relative calm after weeks of modest gains...

Naira Weakens as FX Gap Persists Between Official and Parallel Markets

By Naija247news Business Desk – Lagos | October 20, 2025 The Nigerian Naira continued to trade under pressure over the weekend, with a significant disparity...

🇳🇬 Naira Hits ₦1,495/$1 Amid Forex Pressure as Investors Exit Local Assets

The Nigerian naira is under renewed pressure as traders forecast further depreciation next week, driven by foreign investors selling local assets, limited dollar supply,...

Popular

Subscribe

spot_imgspot_img