Naira Holds Firm in Black Market, Gains at Official Window on Oct 25 The naira held firm against the U.S. dollar on Saturday, October 25, maintaining stability in the parallel market while appreciating at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic...

Medical Tourism Spending Declines by 52% Under President Tinubu - CBN   Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, obtained by our correspondent on Wednesday. The...

Naira Strengthens Across Markets on Oct 23 The naira appreciated against the U.S. dollar on Thursday, October 23, recording gains in both the parallel market and at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,485/$1...

In spite of fluctuation in oil price, Nigeria’s external reserves surged to $42.696 billion last week, and the market anticipates additional inflows to lift the balance this week.

Naira Steadies in Black Market, Gains at Official Window on Oct 21 The naira retained its strength against the U.S. dollar on Tuesday, October 21, at the parallel market, while appreciating at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that...

Naira Slides in Black Market, Steady at Official Window on Oct 20 The naira marginally declined against the U.S. dollar on Monday, October 20, at the parallel market, while it retained its strength at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic...