Nigeria’s Naira Depreciates to N1,567.02 Against Dollar as FX Market Reacts to Global Developments
Lagos, April 4, 2025 (NAN) – The Naira depreciated on Friday, trading at N1,567.02 to the U.S. Dollar at the official market. According to...
Nigeria’s CBN Injects $197.71 Million into FX Market Amid Global Economic Shifts
Abuja, April 5, 2025 (NAN) – The Central Bank of Nigeria (CBN) on Friday intervened in the foreign exchange market by supplying $197.71 million...
CBN Denies Rumors of New ₦5,000 and ₦10,000 Notes: Misinformation Exposed!
The Central Bank of Nigeria (CBN) has strongly dismissed reports circulating about the introduction of new high-denomination ₦5,000 and ₦10,000 notes, calling the claims...
Nigeria’s Naira Weakens by 1.23% as External Reserves Decline to $38.36B
Oil Prices Surge 43.41%,
Nigeria’s currency, the Naira, continues to face significant challenges in the foreign exchange (FX) market as a surge in global oil...
Naira Holds Firm at ₦1,538/USD Amid CBN Intervention as Traders Monitor Market Stability
LAGOS, March 27 – The Naira is expected to remain stable in the coming days, supported by dollar sales from the Central Bank of...
