Naira falls 0.39% against dollar, CBN to intervene
Naira depreciates to N1,448.03/$1 in official market as traders quote new rates. CBN expected to resume strong intervention to prevent further decline. Full analysis inside.
Category : Search result: Nigeria foreign exchange
Nigeria's FX inflows fall to $672m despite naira strength
Nigeria's foreign exchange inflows dropped to $672.30 million despite naira strengthening in both official and parallel markets. Foreign portfolio investors remain key dollar suppliers as analysts warn of speculative risks.
Inflation Falls to 16.05% Amid Food Price Drop
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
Sell Bitcoin to Naira in Seconds with Monica Cash
Monica Cash offers Nigerians instant Bitcoin to Naira conversion at competitive rates. Convert BTC securely, pay bills, and access virtual dollar cards all in one app. Join 500,000+ trusted users today!
Awareness Gap Blocks NGX Tech Listings, Report Reveals
New TLP Advisory report reveals 53% of Nigerian tech founders lack awareness about NGX listing process, while 77% face currency mismatch. Discover the solutions for local exits.
Teacher Dies After Sacking for Inappropriate Behaviour
John Wright, a physics teacher at Marlborough College, took his own life after being dismissed for alleged inappropriate conduct during a Malaysia exchange trip. His family questions the disciplinary process.
Naira falls against dollar despite rising FX reserves
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Banjo's Book Explores Cultural Diplomacy Power
Discover how Professor Adewale Banjo's groundbreaking book 'How Cultural Diplomacy Works' transforms global relations through cultural exchange. Learn why culture matters in diplomacy today!
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Nigeria FM Rejects Christian Genocide Claims in TV Clash
Nigerian Foreign Minister Yusuf Tuggar confronts Piers Morgan over Christian persecution narrative, demands full interview broadcast as African Union backs Nigeria's stance.
Falana: Wike Must Apologize for Naval Officer Insult
Human rights lawyer Femi Falana SAN urges President Tinubu to compel FCT Minister Wike to apologize for derogatory remarks against naval officer during Abuja land dispute.
Naira falls to 10-day low against US dollar
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
China Praises Nigeria Amid Trump Tariff Threats
Chinese Embassy in Abuja celebrates Nigeria-China relations as Donald Trump threatens 60% tariffs on Chinese imports, highlighting Nigeria's growing global importance.
France-Nigeria Forge New Economic Partnership with Billions in Investments
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
Ellah Lakes Secures ₦2.36BN for Agricultural Expansion
Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.
Trump's Nigeria Troop Threat Sparks Online Firestorm
Former US President Donald Trump's controversial statement about sending troops to Nigeria has ignited fiery reactions across Nigerian social media. Discover what citizens are saying about this explosive international development.
Japan Day AFRiFF 2025: Japanese Culture Meets Nigerian Cinema
Get ready for Japan Day AFRiFF 2025! The Africa International Film Festival partners with Japan to bring an unforgettable cultural experience to Lagos this November.
Coinbase fined €1.25M in Ireland for GDPR breaches
Ireland's Data Protection Commission fines cryptocurrency exchange Coinbase €1.25 million for serious GDPR violations in data processing practices.
Nigerian Man Reacts to US Lawmakers' Military Threat
A Nigerian man's viral reaction to 31 US lawmakers urging Trump to consider military action in Nigeria has ignited heated discussions about sovereignty and foreign intervention.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
NSE, Indian Firm Donate Engineering Software to Nigerian Varsities
In a groundbreaking partnership, the Nigerian Stock Exchange and an Indian technology company have donated advanced engineering software to 15 Nigerian universities, transforming engineering education and research capabilities nationwide.
Nigerian Man's Trump Claim Sparks Fresh Debate
A Nigerian man's social media post about Donald Trump's supposed intervention in Nigeria has ignited fresh online debate about foreign influence in Nigerian affairs. The controversial claim has divided netizens.
Trump Tariff Threat Shakes Nigeria-US Trade Relations
Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian economy.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
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