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naira exchange rate

Arik Air Jet Makes Precautionary Emergency Diversion to Benin After Mid-Air Engine Anomaly

KEY POINTS An Arik Air Lagos–Port Harcourt flight diverted safely to Benin after pilots...

Tinubu Nominates Former Envoy Ismail Yusuf as NAHCON Chairman

KEY POINTS President Tinubu has nominated former ambassador Ismail Abba Yusuf as NAHCON chairman...

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

Arik Air Jet Makes Precautionary Emergency Diversion to Benin After Mid-Air Engine Anomaly

KEY POINTS An Arik Air Lagos–Port Harcourt flight diverted safely to Benin after pilots...

Tinubu Nominates Former Envoy Ismail Yusuf as NAHCON Chairman

KEY POINTS President Tinubu has nominated former ambassador Ismail Abba Yusuf as NAHCON chairman...

Senate Warns Against Delays, Demands Full Release of Defence Funds

KEY POINTS The Senate has warned that delays in implementing the defence budget could...

Nigeria’s Capital Importation Surges 75% to $21 Billion in First Ten Months of 2025

KEY POINTS Nigeria’s capital importation soared to $21 billion in the first ten months...