CBN stabilises naira by buying $190M, slowing currency gains and narrowing FX market spread amid rising oil prices and reform-driven inflows
Nigerian Naira Strengthens with modest gains vs US dollar as CBN liquidity support and stable oil prices underpin market stability
CBN Governor warns stablecoins and private digital payments may increase FX volatility and weaken monetary policy in Nigeria
Naira stability against dollar continues as CBN interventions and retail dollar supply curb market volatility and support steady exchange rates
CBN BDC forex policy allowing $150,000 weekly purchases is expected to boost liquidity, narrow rate gaps and support a stronger naira
CBN approves $150,000 weekly FX sales to BDCs to boost liquidity, narrow rate gaps and stabilise Nigeria’s foreign exchange market
The naira records its strongest performance against the US dollar since May 2024, with CBN Governor Yemi Cardoso expressing optimism over sustained FX market economic growth.
Federal Government domestic borrowing rose by N9.19tn in 2025, crowding out private sector credit as businesses struggle with high interest rates, CBN data show
CBN grants national licences to Moniepoint, Opay, Kuda Bank, Palmpay and Paga, allowing full nationwide operations under stricter rules
CBN grants Finlogic IMTO licence, enabling direct diaspora remittances into Nigeria, boosting foreign exchange inflows and market stability