Analysts blame weakening naira as Nigeria’s inflation hits 12.56% for tenth straight month
Charles Abuede A weakening naira is what analysts are holding to account for a continuous rise in Nigeria’s inflation as ...
Friday, April 17, 2026
Tag: Naira
As pandemic lockdown eases, money in circulation falls to N2.29tn
Nigeria's stock of money in circulation stood at N2.29 trillion at the end of June 2020, representing a decline of ...
Further devaluation: Naira’s official rate may hit N430/$ by year end – Report
By Omobayo Azeez Indications are rife that by the end of this year, Naira, Nigeria’s local currency will be further ...
Naira sentiment shapes week’s market openings
CREDITS: Udemy In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) ...
Make the Naira Great Again: The Naira as the West African Intra-Regional Reserve Currency
AS NIGERIA CONTINUES TO DEAL WITH THE economic shock of the global shutdown brought on by the pandemic, the inherent weakness of Nigeria’s reliance ...
Naira gains, exchanges 430/$ as forex sale resumes
The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following the ...
Naira plunges further, dollar sells for N412
The dollar exchanged for N412 on Monday at the Bureau de Change segment of the market. This followed a temporary ...
Naira stability: CBN spends $25.68bn in eight months
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January ...
Naira exchanges at N359 to dollar at parallel market
The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and ...
CBN to defend reserves in wake of N9bn UK court ruling says Emefiele
Nigeria’s central bank will strive to protect the country’s currency reserves after a British court ruling granted a small natural ...
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