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,...
Nigeria’s Capital Inflows Fall 33% in April 2025 as Portfolio Investments Weaken – CBN Report
Nigeria recorded a sharp drop in foreign capital inflows in April 2025, according to the Central Bank of Nigeria’s (CBN) latest monthly economic report....
