Naira
AfDB predicts new naira exchange rates in 2025 as dollar rises in official market
The African Development Bank (AfDB) has predicted that about 21 African currencies, including the naira, will experience depreciations in 2025 and 2026.
CBN releases new dollar rates to clear goods at Nigerian ports as naira depreciates
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.
AfDB warns of naira depreciation in 2025, predicts steep trends for other African currencies
The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to decline amid global uncertainties.
CBN releases latest exchange rates as naira falls for 3 straight days against US dollar
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.
Tinubu's two years in office: PDP knocks president, "troubling"
As many Nigerians look forward to the Democracy observance Day on May 29, 2025, the PDP has knocked President Bola Ahmed Tinubu on his two years in office.
Naira falls as new report shows 10 strongest currencies in Africa in May 2025
A recent ranking has shown the African countries with the strongest currencies in May 2025, as the Nigerian currency, the naira, fell after a week-long rise.
CBN sells dollars to Access, Zenith, UBA, others at new rates as naira reverses gain
The Central Bank of Nigeria (CBN) has intervened again in the FX market, selling $50 million to authorised dealer banks as the naira depreciated in the FX market.
Again, naira crashes as traders sell dollar at new exchange rate
The Central Bank of Nigeria has provided its latest exchange rate for the naira against the United States dollar and other foreign exchange currencies.
Nigeria, China sign deal to reduce dollar dependence, embrace digital currency
The Nigeria-China Strategic Partnership has disclosed plans to sign an agreement on digital RMB with China to allow the ease of converting naira to Yuan.
Naira
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