Category : Search result: naira stability


NESG Projects Naira at N1,480 to Dollar by 2026

The Nigerian Economic Summit Group forecasts the naira will stabilise around N1,480 per US dollar in 2026, driven by rising reserves and policy coordination. Discover the full economic outlook.

Experts Back Bank Recapitalisation, Urge Caution

Financial experts endorse the CBN's bank recapitalisation drive as crucial for economic stability but caution that poor regulation and macroeconomic woes could undermine its success. Learn the key insights.

Naira Appreciates to N1,419.66 Against US Dollar

The Nigerian Naira strengthens against major currencies, hitting N1,419.66/$1 in NAFEM. CBN's $50m injection and rising FX reserves fuel the recovery. Get the full market analysis.

Tomato Prices Crash to 12-Year Low in Nigeria

Nigerian households and businesses enjoy stable tomato prices in 2025 after a record-breaking production year. Discover how strategic efforts broke a long cycle of scarcity and what challenges remain.

Naira Appreciates to N1,421 per Dollar

The Nigerian Naira shows mixed performance, appreciating slightly against the US Dollar, British Pound, and Euro in the official market. Experts project 2026 outlook.

Federal Government, ASUU Sign Major Agreement

The Nigerian government and ASUU have signed a historic pact to restore industrial harmony and academic stability in universities. The deal will be unveiled live in Abuja on January 14, 2026.

Tax Misinterpretation Fuels Price Hikes in Nigeria

Nigeria's new tax reforms trigger market chaos as traders exploit confusion, imposing arbitrary price increases. Experts warn of gaps and unintended consequences. Read the full analysis.

2026 Naira Forecast: N1,350 to N1,450 per Dollar

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.

Nigeria's GDP to grow 4.3% in 2026, says PwC

PwC Nigeria projects 4.3% GDP growth for 2026, driven by inflation moderation and naira stability. The report outlines seven key themes shaping the economic outlook for businesses and investors.

Northern Youths Hail Tinubu's Economic Reforms

The Northern Youth Frontiers commend President Tinubu's bold economic reforms, highlighting infrastructure projects and governance changes. They urge support while calling for measures to cushion inflation's impact.

PwC Projects Nigeria's Economy to Grow 4.3% in 2026

PwC Nigeria's Economic Outlook 2026 projects 4.3% GDP growth, highlighting a path from stability to sustainable expansion. Discover the key drivers and business imperatives for the year ahead.

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.

Nigeria's New Tax Laws: A Test of Enforcement Readiness

Nigeria's ambitious tax reform, effective Jan 1, 2026, replaces FIRS with NRS. Experts warn success hinges on implementation, not just policy design. Will it broaden the revenue base and reduce oil dependence?

Venezuela Crisis Puts Nigeria's N58tr Budget at Risk

Geopolitical shifts in Venezuela could crash oil prices, threatening Nigeria's N58.18 trillion 2026 spending plan and naira stability. Experts warn of a potential $10.24 billion revenue shortfall.

ACCI Projects 2026 Growth Led by Non-Oil Sector

ACCI Director General Agabaidu Jideani forecasts Nigeria's 2026 economic growth will be driven by the non-oil sector, citing reforms and security challenges. Read the full analysis.

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.

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.

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