Naira exchange rate gain sees currency rise to N1,390 per dollar in parallel market as spread with official rate narrows to N35
Learn how Nigerian applicants can properly show proof of funds for visas to the US, UK, Canada, and Australia to avoid rejection
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.
CBN data shows the Naira official market rate closed slightly weaker at ₦1,366.19 after midweek gains and fluctuating liquidity conditions
Naira strengthens against the dollar to ₦1,421.73, marking its best close since February as investor confidence rises and inflation continues to ease
Naira strengthens to ₦1,455.17 per dollar as Nigeria’s external reserves climb to $42.58bn, boosting investor confidence
FAAN launches Go Cashless policy to phase out cash payments at airports, aiming to triple revenue, improve efficiency and align with global standards
