Nigeria's naira shows a split performance as the official rate gains to ₦1,423.17 per dollar while the parallel market weakens to ₦1,480. Discover the causes and implications of the widening exchange rate gap.
Afrobeats star Rema surprises a worshipper with a $100 bill during an unexpected visit to Miracle Assembly church in Benin. The viral moment has ignited reactions across social media. Read the full story here.
The Nigerian naira appreciated by N7.68 in its first weekly gain of 2026, driven by improved dollar liquidity and stronger Central Bank interventions. Analysts see potential for stability.
The Naira held firm as CBN intervention spurred a 38% monthly jump in FX inflows to $2.8bn in December 2025. Analysts predict stronger inflows ahead. Read the full analysis.
The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.
Financial experts project the naira will trade between N1,350 and N1,450 against the US dollar in 2026. Discover the key factors influencing this forecast and what it means for Nigeria's economy.
PwC Nigeria's Economic Outlook 2026 projects naira stability against the dollar, 4.49% GDP growth, and easing inflation. The report highlights ongoing reforms and persistent risks. Read the full analysis.
The Central Bank of Nigeria's strategic reforms, led by Governor Olayemi Cardoso, have successfully eliminated cash scarcity during the 2025 festive season. Learn how new regulations and digital initiatives are transforming Nigeria's financial landscape.
The Nigerian naira begins 2026 on a strong note, appreciating at the official window despite a sharp 20.67% decline in dollar inflows. Discover how local sources and CBN interventions are cushioning the market.
The Central Bank of Nigeria's committee, led by Governor Olayemi Cardoso, implemented holistic reforms ensuring seamless cash flow during the 2025 festive season, marking a historic shift from perennial shortages.
The Nigerian naira has appreciated against the US dollar and exited Africa's top 10 worst-performing currencies after nearly two years, driven by rising reserves and improved FX liquidity. Read the full analysis.
The Nigerian naira appreciated 6.5% in 2025, marking its first annual gain in 13 years. Discover how CBN reforms and FX reserves growth fueled this historic turnaround.
The Nigerian naira closed 2025 stronger, appreciating by over N100 against the US dollar. The Central Bank of Nigeria credits rising external reserves and policy reforms for the currency's improved stability. Discover the full market analysis and 2026 pro
Nigerian singer 9ice caused a stir online after a video showed him picking up dollar bills during a Lagos concert. See the mixed reactions and full story here.
The Nigerian naira closed 2025 weaker against the dollar despite CBN interventions. External reserves rose to $45.45bn, offering limited support. Get the full analysis.
The Nigerian Naira appreciated against the US Dollar in both official and parallel markets as trading resumed after the Christmas break. Finance Minister Wale Edun reassures on economic stability. Get the latest CBN exchange rates here.
Crypto entrepreneur Blord hosted hundreds at his Anambra mansion, distributing 3,000 bags of rice in a N30m Christmas gesture. See the reactions and controversy.
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.
Nigerian motorists face long queues at few MRS stations selling Dangote petrol at N739. They urge the refinery to partner with more outlets for wider access to affordable fuel. Report stations selling above price.
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.
Dangote Refinery launches a hotline for Nigerians to report MRS stations selling petrol above N739. The move aims to protect consumers and ensure price transparency amid a major market shift.
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.
Aliko Dangote directs Nigerians to buy fuel at the new N739/litre price. His refinery launches a hotline to report overcharging stations and warns against artificial scarcity. Read more.
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Dangote Petroleum Refinery begins nationwide petrol sales at N739 per litre via MRS stations. The refinery pledges 50 million litres daily supply to stabilize the market and urges consumers to report overcharging.
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
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.
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
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.
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.