
Naira







Despite global and local challenges, the naira has remained stable in recent months, thanks to the CBN's reforms and a recent $190 million intervention boost.

The value of the Nigerian currency appreciated against the United States dollar in the official foreign exchange markets and experts expect stability.

The value of the Nigerian currency, the naira, has improved against the United States currency in the Nigerian Foreign Exchange Market (NFEM) after days of losses.

A man got confused after finding the balance of millions belonging to his wife. He sought help online in understanding the total amount his wife has.

Reverend Father Kelvin Ugwu, a Nigerian Catholic priest who resides in the Gambia, said he exchanged N5.5 million into Gambian Dalasi, and he got only D255,000.

The African Development Bank (AfDB) has predicted that about 21 African currencies, including the naira, will experience depreciations in 2025 and 2026.

The Central Bank of Nigeria (CBN) has raised the exchange rate to clear cargoes at Nigerian ports following the depreciation of the naira in the FX market.

The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to decline amid global uncertainties.

Currency traders and the CBN have revealed that the value of the naira dropped against the US dollar, pound, euro in official and unofficial exchange markets.
Naira
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