Naira
Nigerian lady who visited Rwanda notices their currency is stronger than naira
A Nigerian lady who visited Rwanda shared a video in which she said the Rwandan Franc is stronger than the Nigerian naira. The video is trending online.
Naira missing as report shows top 10 strongest currencies in Africa in 2025
A recent report by Forbes Currency Converter has shown the top 10 strongest African currencies as of March 2025. However, the naira did not make the list.
Exchange rate windows drift further apart as naira hits N1,600/$, CBN sells $197.71m to dealers
The naira fell to a five-month low on Friday, April 4, 2025, trading at N1,600 per dollar in the official window, leading to CBN's intervention in the FX market
JP Morgan predicts new naira exchange rate against dollar in 2025
A US top investment banker, JP Morgan, has predicted that the Nigerian currency will exchange for N1,450 per dollar due to changes in NNPC and CBN's FX reserve.
Naira experiences biggest fall in 2025 in official window, remains Stable in black market
The Nigerian naira depreciated sharply in the official foreign exchange market, trading at N1,569 per dollar from N1,534, the biggest fall in 30 days.
Naira gains against USD as CBN reports highest net FX reserves in 3 years
The naira has reported a two-week appreciation against the dollar at N1,531 per dollar as the CBN announces the highest FX reserves in three years.
CBN finally speaks on release of new N5,000, N10,000 notes, declares highest FX reserves in 3 years
The Central Bank of Nigeria (CBN) has described as untrue the purported release of N5,000 and N10,000 banknotes, saying the report was not from the bank.
Naira-for-crude deal may resume as Dangote, FG set for talks
FG's naira-for-crude program may continue, as evidenced by those familiar with the situation insisting that all parties to the arrangement would reconvene shortly.
At $23.11bn, CBN reports highest net FX reserves in 3 years as naira trades at new rates
The Central Bank of Nigeria (CBN) has reported a growth in Nigeria's net foreign exchange reserves, which hit $23,11 billion in 2024, marking an improvement.
Naira
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