CBN: Economy Improving But More Work Needed
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.
Category : Search result: exchange rate unification
Bar Rescue Cast Updates and Successful Bars Revealed
Discover what the Bar Rescue cast members are doing today and learn which struggling bars actually survived after Jon Taffer's interventions. Get exclusive updates on your favorite experts!
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Experts Urge FG to Cut MPR for Economic Growth
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
Naira loses N14.29 to dollar as trading week ends low
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.
EU invests €30m in Nigeria-Africa creative networks
European Union launches €30m Africa-Europe Partnerships for Culture Nigeria Cluster to empower artists, expand creative networks and build stronger cultural bridges between Africa and Europe.
Breet transforms Nigeria's crypto economy with OTC model
Discover how Breet's OTC platform is overcoming crypto barriers in Africa, driving $205B in transactions. Learn about their mission to make digital assets accessible.
Naira Recovers Against Dollar as FX Reserves Soar
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
US Unemployment Climbs to 4.4% Despite Job Growth
US unemployment rate increased to 4.4% in September despite adding 119,000 jobs. Delayed government report reveals mixed economic signals amid Federal Reserve policy decisions.
Naira falls to N1,454/$ despite $46.7bn FX reserves
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.
IEI CEO Olasupo Sogelola Resigns, Joyce Odiachi Appointed
International Energy Insurance Plc announces MD/CEO transition as Olasupo Sogelola resigns. Dr. Joyce Odiachi appointed Acting MD amid company's transformation success. Read more.
Fed Officials Resist December Rate Cut Amid Pressure
Federal Reserve minutes reveal most officials oppose December rate cut, creating tension with President Trump who wants lower rates. Key economic data remains uncertain.
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.
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.
Nigeria's Inflation Falls to 16.05% in October
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.
Garri Price Crashes 52% as Nigeria Inflation Falls
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 Falls to 16.05% in October
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.
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.
Inflation falls to 16.05% in October 2025
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 Falls to 16.05% in October
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.
Sell Bitcoin to Naira in Seconds with Monica Cash
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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.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
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.
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.
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.
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