Nigeria’s net foreign exchange inflow rose by 36.5 per cent to $33.76bn in the first five months of 2026, compared with $24.72bn recorded in the corresponding period of 2025.

Naira Faces Downward Pressure as Fuel Importers Seek More Dollars   The naira is coming under renewed pressure against the United States dollar as fuel importers increase foreign exchange purchases to build inventories. Reuters reported on Thursday that the Nigerian currency, alongside those of Ghana and Uganda,...

PIA Allows Dangote’s Dollar Fuel Sales – Regulator   The regulator of the midstream and downstream petroleum sector has said that the Dangote Petroleum Refinery has not violated any provision of the Petroleum Industry Act by opting to sell fuel in dollars instead of naira. Multiple senior...

‎Nigeria Records 11.2% GDP Growth in Dollar Terms in 2025, Eyes $1tn Economy by 2030 - Oyedele ‎ ‎Nigeria recorded a strong Gross Domestic Product (GDP) growth rate of 11.2 per cent in US dollar terms in 2025, reinforcing the country’s ambition to build a $1...

Nigeria’s dollar GDP rose by 22% to $307.5 billion in 2025, driven by stronger economic output and a firmer naira, according to a report by Quartus Economics.

FX Turnover Surge Lifts Naira Against Dollar   The naira rose against the US dollar at the Nigerian Foreign Exchange Market amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank of Nigeria. Dollar liquidity improved above international payment levels...