Naira

The Nigerian naira has been ranked the ninth weakest currency on the African continent, according to a recent assessment of exchange rate performance against the U.S. dollar.…

The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to fluctuate at the parallel market, popularly known as the black market or Aboki…

The naira appreciated by 77 kobo against the U.S. dollar on Friday, July 18, 2025, closing the week at N1,532.34/$1 at the official market. This marks a 0.05 per cent gain from…

Ola Olukoyede, the chairman of the Economic Financial Crimes Commission, has warned Nigerians against condemning Niger Delta warlord, Government ‘Tompolo’ Ekpemupolo, over allegations of…

The Edo State chapter of the Peoples Democratic Party (PDP) has applauded the Economic and Financial Crimes Commission (EFCC) for swiftly arresting Kelly Okungbowa, also known as…

The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks…

The Naira continued its upward trend at the official market on Wednesday, appreciating by 0.78% to trade at N1,510.72 per dollar. Data from the FMDQ Securities…

The Naira recorded a slight depreciation at the official market on Friday, trading at ₦1,652.25 against the dollar. Data from the FMDQ Exchange trading platform indicated a ₦2.05 drop in…

A new report by BMI Research, part of Fitch Solutions, projects that the naira could depreciate to N1,993 per US dollar by 2028, raising significant concerns over Nigeria’s medical import…

The Naira on Tuesday appreciated at the official market, trading at N1,671.32 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the…