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naira exchange rate

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

Naira Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.

Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.

Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...

Latest articles

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.

CJN Warns Against Corruption Blanket Allegations

CJN cautions against blanket corruption allegations, insisting claims must be evidence-based as 14 new Federal High Court judges take oath.