Naira
CBN releases new Customs rate to clear goods as dollar crashes against Naira
The Central Bank of Nigeria (CBN) has released a new foreign exchange rate to clear goods at Nigeria's ports following the naira's massive gain against the dollar.
Dollar inflow surges 62% to $5.96 billion in May as US moves to impose tax on remittances
The Nigerian economy experienced renewed investor confidence in May as foreign exchange inflow hit a six-month high of $5.6 billion, leading to the naira's gain.
Group applauds CBN, Cardoso for tackling inflation, boosting reserves
The Centre for Economic Growth and Monetary Reforms (CEGMR) has commended the Central Bank of Nigeria (CBN) for boosting investors' confidence via its policies.
Rewane predicts new naira against US dollar exchange rate in June, July
Bismarck Rewane, the Chief Executive Officer (CEO) of Financial Derivatives Company, has shared his forecast for the naira against the dollar in the FX markets.
CBN announces new exchange rate to clear goods at ports as naira records massive gain
The Central Bank of Nigeria has reduced the exchange rate to clear goods at ports as the naira performed strongly in the Nigerian Foreign Exchange Market.
New exchange rate as naira extends gains, dollar crashes to five-month low
The Nigerian currency, the naira, has continued its rally against the dollar into the weekend and Sallah holidays. appreciating by N13 at N1,551 per dollar in NFEM.
No more N1,600/$: CBN governor Cardoso speaks as naira hits two-month high
The naira reaches a two-month high against the dollar, with the CBN's reforms driving stability and boosting Nigeria's foreign exchange reserves.
Dollar crashes massively in forex markets as naira records highest appreciation
The naira has risen to a 20-day high in the Nigerian Foreign Exchange Market, appreciating to N1,564 per dollar on Wednesday, June 4, 2025, from N1,579.
ABCON sends message to CBN as deadline ends for BDCs recapitalisation, 3m jobs under threat
The Association of Bureau De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) for reacapitalisation extension.
Naira
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