CBN Releases 2026 Savings Interest Rates for Nigerian Banks
The Central Bank of Nigeria has published the latest savings account interest rates. Discover which banks offer the highest returns and how the market averages 8% in 2026.
Category : Search result: foreign exchange savings
NAHCON's 20-Year Milestone: A Call for Hajj Sector Reform
As NAHCON marks 20 years, experts urge a shift from pilgrimage management to strategic economic planning. Nigeria's untapped Hajj & Umrah sector holds potential for billions in halal exports and job creation. The time for action is now.
DMO Offers 15.396% Rates on 2026 Savings Bonds
The DMO has opened subscriptions for FGN Savings Bonds with rates up to 15.396% p.a. Learn key details, subscription dates, and why this is a safe investment for Nigerians.
Naira Records First Weekly Gain of 2026 as CBN Boosts FX Supply
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.
CBN FX Sales Drive 38% Dollar Inflow Surge, Stabilise Naira
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.
FG, CBN Settle Super Eagles' AFCON Bonus Payment
The Federal Government and CBN have resolved FX delays, ensuring Super Eagles' AFCON 2025 bonuses are processed. Players to receive funds imminently. Read the full story.
Woman Saves N2,500 Daily on OPay, Reveals Total After 50 Days
A Nigerian lady's disciplined savings plan of N2,500 daily on OPay for 50 days yielded a specific sum. She explains why the total was less than expected. See her story and netizens' reactions.
Naira's Best Run in 10 Years as CBN Reforms Pay Off
The Nigerian naira appreciated over 7% in 2025, its strongest annual performance in a decade, driven by CBN reforms and rising external reserves now at $45.6 billion. Discover how the FX market transformation is boosting economic confidence.
Naira Bullish Despite 21% Drop in FX Inflows
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.
Naira Appreciates to N1,429/$1 in Official Market
The Nigerian Naira strengthened against major currencies on January 5, trading at N1,429/$1 officially. Analysts credit CBN interventions and rising reserves for the sustained stability from 2025. Discover the full market analysis.
Naira Gains in 2026 as CBN Injects $7.5bn Into Market
The Nigerian naira appreciates to N1,430.84 per dollar, marking a strong start to 2026. Analysts credit CBN's $7.5 billion intervention and reforms for reduced volatility and project continued stability.
2026 Nigeria Economy: 3 Trends to Watch
Experts forecast a year of adjustment for Nigerians in 2026, defined by a tighter FX market, rising living costs from fiscal reforms, and rapid digital finance growth. Learn how these trends will impact daily life.
Naira Exits Africa's Worst Currency List, Appreciates
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.
Naira Gains 7.14% as CBN Injects $7.5 Billion in 2025
The Central Bank of Nigeria spent $7.53 billion to stabilise the naira in 2025, leading to a 7.14% annual gain and a historic balance of payments surplus. Discover the full story.
Man saves N700 daily on OPay for a year, shows result
A Nigerian man known as Cruise Daddy disciplined himself to save N700 every day on OPay for a full year without withdrawals. See the total amount he accumulated and his motivational message on the power of consistent saving.
Nigerian Lady Laments OPay's N4k Interest on Yearly Savings
A Nigerian entrepreneur saved N1,000 daily on OPay throughout 2025, expecting substantial interest. She was shocked to receive only N4,000. Read her story and see expert reactions.
Naira Appreciates 6.5% in 2025, Breaks 13-Year Record
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.
CBN 2026 Outlook: 4.49% Growth, Inflation at 12.94%
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
Nigeria's FX Reserves Surge to $45.24bn, Boosting Naira Hope
Nigeria's external reserves climbed to a seven-year high of $45.24bn in December 2025, a $4.39bn annual increase. CBN Governor attributes gains to FX reforms, raising fresh optimism for naira stability in 2026. Read the full analysis.
SERAP Sues Governors Over ₦14trn Subsidy Funds
SERAP drags Nigeria's 36 governors and FCT Minister Wike to court, demanding transparency on ₦14 trillion fuel subsidy savings. Will justice prevail?
FMDQ Market Activity Slows, Turnover Drops 24%
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k
A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Lady Reaches PiggyVest Payday After Saving for Rent All Year
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.
FG Targets N2b Savings as MDAs Go Paperless
The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.
Lady Saves N50k Daily on Piggyvest, Shows Interest
A Nigerian woman's story of saving N50,000 daily on Piggyvest and the interest she earned has sparked massive reactions online. Discover her strategy and the public's response.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
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.
Lady saves money in 9 piggy boxes for 2025
A Nigerian woman's impressive savings discipline went viral after she displayed cash saved in nine piggy boxes from January to December 2025. See the amazing results!
Naira Depreciates as Dollar Demand Outpaces CBN Supply
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.
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