Naira rises to N1,344.42 against the US Dollar at official forex market, continuing a strong appreciation trend ahead of Eid holidays
Nigeria savings rates rise to 7–8% but remain below inflation, leaving households with negative real returns and weakened purchasing power
Cash outside banks Nigeria falls to N5.21tn in January 2026, according to Central Bank data, though over 90% of currency remains outside the banking system
Naira recovery strengthens, closing at ₦1,363.5 per dollar after early-week losses at Nigeria’s official forex market
Naira strengthens against dollar, closing the week at N1,366.23 at the official market as analysts point to improving forex stability
The Central Bank of Nigeria has increased its gold holdings to $3.5bn after receiving locally sourced gold refined to LBMA standards, strengthening the country’s foreign reserves
Trade sector credit Nigeria rises to N36.39tn in nine months of 2025 as businesses call for cheaper loans and increased infrastructure investment
Naira Strengthens Sharply as CardinalStone cites improved FX liquidity but warns of potential foreign investor exits later this year
Naira exchange rate holds steady against the Dollar as official and parallel markets respond to midweek liquidity pressures in Nigeria
Naira exchange rate gain sees currency rise to N1,390 per dollar in parallel market as spread with official rate narrows to N35