Analysts forsee medium term naira instability as pressure on recurrent expenditure resurfaces
The ability to maintain the long-term stability of the naira has begun to stir concerns of investors who have expressed ...
Saturday, March 7, 2026
Tag: Naira
Naira gains marginally against dollar at parallel market
The naira on Monday gained 50 Kobo to trade at N358.5 to the dollar at the parallel market in Lagos, ...
External forces to weigh on naira, as economic calendar remains light ahead of elections
An appreciating dollar, prospects of higher US interest rates, jitters ahead of the 2019 general elections and geopolitical tensions across ...
CBN moves to stabilize naira, pumps $543m, ¥63m into forex market
*Retail segment receives $323m boost *Wholesale segment gets $100m *SMEs, Invisibles get $55m each In another major round of interventions, ...
Nigerian currency trades flat on the streets, appreciate marginally at IEW
...as OMO worth N313.56bn mature Thursday The exchange rate of the Nigerian naira to the American dollar remained unchanged at ...
Nigeria’s naira down 0.28% at parallel market as CBN mops up N215.98bn via OMO
The Nigerian naira was down 0.28 percent against the United States dollar at the unofficial street currency market on Thursday ...
African economy needs more usage of Chinese yuan, financial expert says
There has been a general consensus among some eastern and southern African countries that there should be more usage of ...
Nigerian naira inches toward N400/$ depreciates 0.12% at investors, exporters window
The Nigerian naira depreciated on Wednesday against the dollar by 0.12 percent to N362.02 in the investors and exporters (IEW)– ...
Nigeria’s central bank sustains forex market intervention
The Central Bank of Nigeria (CBN) Wednesday, again sustained its supply in the inter-bank foreign exchange market with the sum ...
Nigerian naira trades flat at N366/$1, dips 0.06% at I&E window
The exchange rates of the Nigerian naira to the American dollar closed flat Thursday at N366 in the parallel market, ...
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