Tag: Naira

Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief

In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…

Genesis Obong

Naira Depreciates by 1.2% as FX Concerns Grow

The Nigerian naira faced renewed pressure at the official foreign exchange window…

Oluwadara Akingbohungbe

ICYMI: Nigerian Businesses Brace for 2025: High Interest Rates and Insecurity Loom Large

Businesses across Nigeria are projecting a challenging 2025, with high interest rates…

Genesis Obong

Naira Rises to 1530.25/$ at Official Window

At the end of trading on Wednesday, the Nigerian naira saw a…

Oluwadara Akingbohungbe

Nigeria’s Forex Reserves Dip Amid Naira’s Strength, Raising Economic Concerns

Nigeria's foreign exchange reserves experienced a significant decline in February 2025, falling…

Genesis Obong

Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates

A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…

Genesis Obong

Naira Shows Resilience in February 2025, as stability remains a mirage

The Nigerian naira ended February 2025 on a positive note, gaining 8.5%…

Oluwadara Akingbohungbe

Nigeria Economy on Upward Swing: Inflation Down, Optimism High

The Nigerian economy appears to be charting a course toward recovery, with…

Genesis Obong