Dollar demand falls 35% to $3.42bn in Nigeria as lower FX outflows and stronger net inflows help the naira gain ground in April
Motor vehicle and parts imports from the US rose 41.3 per cent in five months, as passenger cars drove stronger demand amid improved foreign exchange access
CBN orders BDCs to return unused forex within 24 hours under new rules aimed at improving foreign exchange market oversight
Nigeria reserves have climbed to $50.11 billion in June, the highest level since 2009, boosting investor confidence and providing a stronger buffer against external shocks
Nigeria food import bill declined to $2.34bn in 2025, reflecting reduced import reliance and a shift in foreign exchange allocation
Nigerian Naira Strengthens with modest gains vs US dollar as CBN liquidity support and stable oil prices underpin market stability
Naira exchange rate holds steady against the Dollar as official and parallel markets respond to midweek liquidity pressures in Nigeria
Naira stability against dollar continues as CBN interventions and retail dollar supply curb market volatility and support steady exchange rates
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.
Pound Naira exchange rate remains steady at ₦1,933 amid CBN interventions and improving market liquidity in early 2026 trading
