Naira
CBN lists sectors likely to employ more Nigerians in latest business survey
The Central Bank of Nigeria has revealed that businesses are optimistic about the state of the economy and expressed readiness to employ more Nigerians.
Naira bounces back against US dollar after days of losses
The value of the Nigerian currency improved in the Nigerian Foreign Exchange Market (NFEM) against the United States dollar, the British pound, and the euro.
CBN data shows Nigeria spends $5.47bn repaying Chinese, World Bank, IMF, other loans in 14 months
According to data from the Central Bank of Nigeria (CBN), Nigeria spent about $5.47 billion in 14 months repaying debt to China, IMF, the World Bank, and others.
Naira experiences biggest fall in all forex markets amid renewed dollar demands
The naira experienced its biggest fall on Thursday, March 13, 2025, trading at N1,549 to a dollar in the official window and N1,590 in the parallel market.
Access, Zenith, other currency dealers sell dollar at new rate as CBN releases new exchange rate
The naira has continued to depreciate in the Nigerian Foreign Exchange Market (NFEM) and the parallel market as experts and currency dealers ask for interventions.
Platform set to launch currency market, allows traders exchange currencies directly without USD
PAPSS has stated plans to introduce an African currency market this year in an attempt to increase cross-border trade throughout the continent oof Africa.
Naira depreciation cost Nigerian companies over N2 trillion in foreign exchange losses
Nigerian companies have recorded huge foreign exchange losses, with MTN Nigeria, Nestlé, and Nigerian Breweries Plc among those that suffered the biggest losses.
CBN releases new exchange rates as naira crashes further against dollar, pound, euro
The Central Bank of Nigeria has revealed that the value of the Nigerian currency depreciated against the US dollar in the official and unofficial markets.
CBN makes changes to Customs exchange rate to clear goods at ports as naira depreciates
The Central Bank of Nigeria (CBN) made adjustments to the foreign exchange rates for cargo clearance at Nigeria's ports, increasing it again as naira depreciates.
Naira
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