Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
The Central Bank of Nigeria intervened with $150 million to support the naira after a sharp 50% drop in weekly FX inflows. The move led to a slight appreciation of the currency and a marginal rise in external reserves. Read the full analysis.
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
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The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
A Nigerian pastor analyses the strained relationship between Bishops Oyedepo and Abioye, warning that loyalty in ministry is dying. He urges the PFN to intervene before it sets a dangerous precedent. Read the full analysis.
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
The planned promotion of President Tinubu's ADC, Nurudeen Yusuf, to Brigadier-General was halted following public criticism and intervention by retired generals. Read the full details.
The Federal Government, through NADF, has launched an Onion Intervention Programme in Sokoto State to support 600 farmers hit by flooding and climate challenges, aiming to boost food security.
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
Global broker JustMarkets launches the Boost Contest, a trading competition with weekly draws and real gold rewards. Open to all clients until January 31, 2026. Join now!
A Virgin Mary painting was found untouched after a fire destroyed a home in Serbia. Firefighters call it a 'miracle'. Read more about this incredible story of faith and hope.
The Northern Elders Forum has strongly condemned calls for US military intervention in Nigeria, labeling them reckless and unpatriotic. Read their full statement and demands.
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
The Nigerian Senate has advanced a bill to create a National Social Welfare Service, aiming to coordinate poverty alleviation programmes. The data-driven agency would manage cash transfers, food aid, and stipends. Read more on this crucial legislative ste
Former Senator Kabiru Marafa explains his support for Donald Trump's military intervention threat, citing state failure and urging President Tinubu to act with stronger political will against banditry.
The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Rep. Wole Oke covers school fees for 1,400 students in Osun technical colleges, a major boost for vocational education and a lifeline for families amid economic hardship. Read more.