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‎Naira Strengthens to N1,485/$1 Across Black, Official Markets

‎Naira Strengthens to N1,485/$1 Across Black, Official Markets ‎The naira appreciated against the dollar on Tuesday, February 25, 2025, trading at N1,485/$1 in both the official and black markets. ‎According to figures released by the Central Bank of Nigeria (CBN), the naira closed at N1,495/$1 at...

Cardoso Keeping the Gear to Tame Inflation, by Lawal Dahiru Mamman

The effects of inflation became manifestly apparent over the past two years, when it soared to a dizzying 34.8%. Whilst this figure falls short of the astronomical 72.84% recorded in 1995.

Cardoso Promises to Strengthen Nigeria-Saudi Economic Relationship

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has restated the bank’s commitment to boosting economic cooperation.

CBN spent $8bn to Defend Naira against Dollar at FX Market – Rewane

The Chief Executive Officer of Financial Derivatives, Bismark Rewane, has revealed that the Nigerian government, through the Central Bank of Nigeria (CBN).

Cardoso: Restoring the Dignity of Naira with Painstaking Reforms, by Rahma Oladosu

Cardoso: Restoring the Dignity of Naira with Painstaking Reforms, by Rahma Olamide Oladosu   The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, took the helm of affairs at a time the Naira was on a free fall. Despite his initial steps to arrest the downward...

Naira Strengthens Further, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets

Naira Strengthens Further, Now N1,490/$ on Parallel, N1,502/$ on Official FX Markets   The naira has strengthened consistently over the past three weeks, reflecting improved stability and confidence in Nigeria's foreign exchange market. Precisely, on the parallel market, some FX dealers in Lagos traded the naira at...