Category : Search result: naira forecast

CBN Reports Economic Progress, Says More Work Needed for Nigerians

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.

Naira Dips 0.98% to N1,456.72/$ Amid Economic Pressure

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.

Naira Falls N14.29 Against Dollar Despite Strong FX Reserves

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.

Naira Rebounds Against Dollar After Sharp Drop, FX Reserves Hit 7-Year High

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.

Reps Threaten Arrest in Naira-for-Crude Probe as MDAs Shun Hearing

Reps Threaten Arrest in Naira-for-Crude Probe

The House of Representatives issues a 7-day ultimatum to MDAs, threatening arrest warrants for non-compliance with the Naira-for-Crude Oil policy investigation. Full details on the escalating standoff.

EFCC Arrests Female Archbishop for Naira Abuse in Viral Video

EFCC Arrests Archbishop for Naira Abuse

EFCC arrests Archbishop Angel Oyeghe for naira mutilation after viral video showed money sprayed on cow during church event. Suspect faces charges under CBN Act.

CBN Issues Fresh Warning: Naira Abuse Remains a Crime

CBN: Abuse of Naira is a Punishable Offence

The Central Bank of Nigeria has warned citizens against the abuse of the Naira, stating that spraying, hawking, or mutilating the currency is a punishable offence. Respect our national symbol.

Nigeria's FX Inflows Drop 25% to $672m Despite Naira Gains

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.

Convert Bitcoin to Naira Instantly with Monica Cash - Best Rates

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!

Naira Crashes to 10-Day Low, Losing N4.37 Against US Dollar

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 Surges: British Pound Crashes Below N2,000 in Nigerian Markets

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.

German Experts Slam €500bn Fund, Cut 2026 GDP Forecast

German experts cut 2026 GDP forecast to 0.9%

German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.

GTBank Increases Naira Card Dollar Limit to $6,000 Quarterly

GTBank Raises Naira Card Dollar Limit to $6,000

GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.

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