CBN stabilises naira by buying $190M, slowing currency gains and narrowing FX market spread amid rising oil prices and reform-driven inflows
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.
Nigeria vehicle imports from US rose 81% to $985m in 2025, driven by strong demand for passenger cars, trucks and auto parts amid easing FX pressures
The naira appreciated to ₦1,421.73 per dollar in October its strongest level of 2025 driven by foreign inflows and improved external reserves
