Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
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The Nigerian naira weakened significantly against the US dollar, closing at N1,456.72 despite rising foreign exchange reserves hitting a 7-year high. Get the latest market analysis and exchange rates.
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Nile University commits to fighting unemployment through hands-on entrepreneurship programmes and a new French-donated fabrication lab. Discover how they are shaping future leaders.
US unemployment rate increased to 4.4% in September despite adding 119,000 jobs. Delayed government report reveals mixed economic signals amid Federal Reserve policy decisions.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
FUTA's Vice-Chancellor reveals why graduates remain unemployed despite available jobs. Discover how skills development can solve Nigeria's unemployment crisis.
Federal Reserve minutes reveal most officials oppose December rate cut, creating tension with President Trump who wants lower rates. Key economic data remains uncertain.
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
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.
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.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive monthly drop. Food inflation shows significant improvement year-on-year.
Nigerians celebrate as garri prices drop over 50% following cassava abundance. Inflation falls to 16.05%, nearing Tinubu's 2025 target. Read market details and expert analysis.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive month of decrease. Food inflation shows significant improvement while urban areas face slight pressure.
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.
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
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.
Nigeria Jubilee Fellows Program directs verified applicants to schedule their CBT. Use a computer with a camera and install proctoring software. Your next career step awaits!
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.
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Wema Bank announces walk-in interviews for Commercial Relationship Management Officers across Nigeria from November 17-21, 2025. Opportunity comes amid high youth unemployment concerns.
Former Minister Adetokunbo Kayode advocates for national skills revolution to address Nigeria's 53.4% youth unemployment. Learn how skills development can transform the economy.
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.
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.
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.